New Delhi, March 13 -- India and Mauritius on Thursday took a significant step towards strengthening their cooperation in tackling financial crimes.

The Enforcement Directorate (ED) and the Financial Crimes Commission (FCC) of Mauritius have signed a Memorandum of Understanding (MoU) to boost collaboration in combating money laundering, corruption, fraud, asset recovery, and the funding of illegal activities, the agency said.

The MoU was exchanged in the presence of Prime Minister Narendra Modi and the Prime Minister of Mauritius, Navinchandra Ramgoolam, as part of the former's state visit to Mauritius.

This agreement marks a crucial step towards enhancing international cooperation in financial crime enforcement and ensuring a more coo...