Union Commerce and Industry Minister Anand Sharma may hold discussion with his counterpart in the Mauritius government to promote petroleum export from India to the island nation.
Sharma, who is scheduled to visit the country soon, would hold meeting with Sayyad Abd-Al-Cader Sayed-Hossen, Minister of Industry, Commerce and Consumer Protection, Mauritius.
Sharma would attend the First Trade Ministerial Level Economic and Business Conference of Indian Ocean Rim Association for Regional Cooperation (IOR-ARC) Nations in Port Louis starting July 4.
During the meeting, the Indian minister may urge the nation to renew the petroleum product exports contract with Mangalore Refinery & Petrochemicals (MRPL).
MRPL, through its three-year agreement with the State Trading Corporation (STC) of Mauritius, has been supplying petroleum products to the country. The contract is up for review this month.
There appears to be a lack of seriousness on part of STC Mauritius in concluding the contract, sources in the knowhow informed an Indian media. Petroleum products account for more than 80 per cent of IndiaÂ’s exports to Mauritius.
Meanwhile, the minister would also discuss the proposal of MRPL to set up a petroleum storage facility in that country.
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