Varanasi meet: PM announces special package for Mauritius, Pg8

Key Highlights:

• PM Narendra Modi announced a special economic package for Mauritius to support its development.
• The package will aid in building hospitals, roads, and providing helicopters to Mauritius.
• Seven MoUs were signed between India and Mauritius during the meeting in Varanasi.
• India will assist in establishing an AYUSH Centre of Excellence and a 500-bed hospital in Mauritius.
• Both countries will work towards enabling trade in local currencies.

Detailed Insights:

• The economic package aims to strengthen infrastructure, create employment, and enhance healthcare in Mauritius.
• India is committed to strengthening the security of Mauritius's Exclusive Economic Zone and enhancing its maritime capacity.
• The Jan Aushadhi Kendra, the first outside India, has already been established in Mauritius.
• Projects such as the Chagos Marine Protected Area and the ATC Tower at SSR International Airport will be advanced.
• India and Mauritius are addressing challenges related to maritime security, drug traffic, and illegal fishing.

Key Concepts Involved:

• Exclusive Economic Zone (EEZ): A sea zone over which a state has special rights regarding the exploration and use of marine resources.
• AYUSH: A traditional system of medicine in India encompassing Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy.
• MoU (Memorandum of Understanding): A nonbinding agreement between two or more parties outlining a set of principles.