Recently, the European Union signed the largest aid deal ever with Mauritius (93 million Euros, to be exact). The aim of the package is to serve as a means to social and economic reform for the island nation. The timing of the deal couldn’t have been better. Only three days earlier, Mauritius’s Minister of Education and Human Resources expressed his nation’s desire to expand and modernize its textile industry. What implications might these events have on current and potential investors, and the textile industry as a whole?
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