Mauritius has conveyed to Indian government that it is ready to support its Special Investigation Team (SIT) to unearth black money.

An External Affairs Ministry spokesperson said Mauritius Foreign Minister Arvin Boolell conveyed this to External Affairs Minister Sushma Swaraj by during a meeting at Port Louis yesterday.

Mauritius used to be the biggest gateway for flow of funds into India through FDI as well as FII routes, but fund flows from this Indian Ocean island nation have fallen amid concerns about suspected money-laundering.

India has concerns that Mauritius, which is one of the top sources of foreign direct investments into the country, is being used for round-tripping of funds. Round-tripping is usually referred to routing of domestic investments through Mauritius to take advantage of the Double Taxation Avoidance Agreement (DTAA) between the two countries.

The island nation received requests for information in 97 cases from India during one-year period ended August, 2014.

Mrs Swaraj said, India is working on the inclusion of Mauritius in the group of countries to be listed in its Visa on Arrival scheme. She said, New Delhi has already granted lifetime visa-free access to India to all PIO card-holders.