As share prices plunged dramatically across the globe and the
pound sterling reached a 30-year low last Friday 24 June, the world
was made brutally aware of the results of the so-called
"Brexit" referendum whereby the United Kingdom (UK)
decided by a small majority of 51.9% to leave the European Union
(EU). The next step in the formal process to withdraw from the EU
would be for the UK government to serve notice on the EU under
article 50 of the Treaty on European Union (the "EU
Treaty"). The EU Treaty provides for a period of 2 years
during which the terms of exit would be negotiated between the UK
and the UK, unless a different date is agreed.
Mauritius has a number of treaties in place with the UK and a
large number of them predate 1973 when the UK became a full-fledged
number of the European Economic Community. Going further back in
time, there were treaties in place between Mauritius and the UK
dating from before our independence in 1968 and which were
