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Mauritius has an open economy,
with very few restrictions on exports and imports. Trade policies
are geared towards securing the import requirements of the
population as well as promoting Mauritius as a business centre
from where export and re-export activities can fully take
place.
Furthermore, Mauritius is a
member of various important international organisations as
well as regional blocks and it is to be noted that the island
is one of the first African countries to be eligible under
the African Growth and Opportunity Act.
Price Control
Price control is to ensure the
supply of certain essential commodities
at reasonable prices. The 1998
Consumer Protection (Price and
Supplies Control) Act deals primarily
with the monitoring of prices and
supplies of goods. There are two types of Price Control Mechanisms in Mauritius, namely:
- Consumer Goods in respect of which the maximum wholesale and retail prices have to be determined (Annex
5a)
- Imported Commodities - Maximum Mark-up (Annex 5b)
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