Saturday, May 4, 2024
spot_img

Mozambique and Angola propose greater private sector participation to boost economic relations

The governments of Mozambique and Angola on Tuesday (23) called for an increase in the involvement of the private sector to speed up and strengthen economic relations, with the aim of achieving concrete results that benefit both countries.

During the 10th session of the Joint Commission, the Mozambican Minister for Foreign Affairs and Cooperation, Verónica Macamo, stressed the importance of raising economic relations to the same level of excellence as political relations between the two countries. She emphasized the need for exponential growth in the volume of business, so that more Mozambicans and Angolans can benefit from the activities carried out in various areas.

The Angolan Minister for Foreign Affairs, Téte António, for his part, considered that the economic potential of both nations should be exploited, and that there was room to improve economic relations and bilateral trade, given the opportunities offered by the economies of the two countries.

António announced the holding of a business forum in Maputo between businesspeople from the two countries, with the aim of exploring opportunities in various areas. He also highlighted the importance of implementing the visa waiver agreements between Angola and Mozambique, as well as increasing the frequency of air connections, as instruments for boosting economic cooperation ties.

As part of strengthening bilateral relations, the two countries signed a cooperation agreement in the health sector, with the aim of exchanging information and experiences. They also decided to hold regular political consultations and reiterated their mutual support for candidacies in international organizations.

Entrevistas Relacionadas

IMF mission to assess the country’s economic situation

The International Monetary Fund (IMF) will carry out a...

CTA seeks to expand commercial relationship with Portugal

The Confederation of Economic Associations (CTA) expressed its desire...

Report shows World Bank holds 29% of Mozambique’s foreign debt

According to the 2023 public debt report drawn up...

The People's Bank of China announced on Monday, April...