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Mauritius not a tax haven: minister

Xinhua, June 24, 2015 Adjust font size:

Mauritius denied itself as a tax haven when the Finance Minister of the island visited the Organization for Economic Co-operation and Development (OECD) in Paris Tuesday.

During the visit, Minister Vishnu Lutchmeenaraidoo insisted that Mauritius has a clean offshore jurisdiction and its financial services are well regulated and transparent.

The minister held talks with the officials of OECD and signed a multilateral agreement with the organization for exchange of information on financial matters.

Mauritius has been quoted several times by the European press as being a tax haven. The island has always denied such reports and according to the Finance ministry, Lutchmeenaraidoo's visit to the headquarters of the OECD was to clear such allegations.

The European Union had recently included Mauritius as a tax haven in its list.

Lutchmeenaraidoo also had a meeting with the French's Secretary of State for the Budget, Christian Eckert. The meeting's agenda was to review bilateral economic cooperation between Paris and Port-Louis. Endi