Africa Aid Diplomacy Economy Government Mozambique

Mozambique and Vietnam accelerating cooperative relations

Mozambican Prime Minister Carlos Agostinho do Rosario has arrived in Hanoi, starting his four-day official visit to Vietnam per invitation of PM Nguyen Xuan Phuc, aiming to strengthen the traditional friendly relations between the two countries.

Mozambique is a country in Southeast Africa. Over the past years, the Mozambican government has actively called for foreign investment, strengthening the upgrade of infrastructure, promoting internal power in national construction, focusing on reducing poverty and ensuring food security. Thereby, Mozambique has attained significant achievements in its economic reforms, reporting a gross domestic product (GDP) growth rate of 3.6% in 2016. The country has seen a lot of economic flourishes this year, with increasing agricultural outputs, strengthened production and exports, and stabilised domestic currency. Other nations have begun to resume their official development assistance (ODA) sponsorship for Mozambique, while foreign investment in the country rose sharply, primarily in the fields of gas and mining. Mozambique’s GDP growth in 2017 is predicted to reach 4.5%. The Southeast African country has been rated by the International Monetary Fund (IMF) as a nation with the fastest economic development outlook in the Southern Sahara region.

After the armed conflict between the Government, led by the Mozambique Liberation Front (FRELIMO), and the Mozambican National Resistance (RENAMO) opposition party concluded in May 2017, FRELIMO has continued promoting its role as a ruling party on the national scale, guiding the country through the difficult phase. As a member of many international organisations, Mozambique has actively participated in addressing regional issues, whilst struggling to protect the legitimate interests of African countries as well as developing ones.

Vietnam is happy to see that the traditional friendly relations between Vietnam and Mozambique have been consistently growing across various spheres, relating to politics, economics, trade, education and culture. Since establishing their diplomatic ties on June 25, 1975, both countries have supported each other in past struggles for national independence as well as the current causes of national construction and economic development in each nation. Vietnam reopened its embassy in Mozambique in 2009, while Mozambique opened its embassy in Hanoi in August 2011. The fine relationship between the two countries has been marked by the mutual visits made by their respective leaders, notably Vietnamese President Truong Tan Sang’s visit to Mozambique in March 2016 and the visit made to Vietnam by Mozambican PM Aires Bonifacio Baptista Ali in September 2010.

Vietnam and Mozambique have signed many agreements and cooperation deals in the fields of economics, trade, investment, culture, education, science and technology. Two-way trade turnover increased three times, from US$13.83 million in 2006 to US$45.35 million in 2010. The figure was US$101 million in 2016, with Vietnam exporting over US$72.5 million worth of commodities to the African country. Mozambique ranks 11th out of the 72 countries in which Vietnam has invested. Currently, Vietnam’s military-run telecom group, Viettel, is conducting investment in Mozambique, contributing actively to the country’s socio-economic development. Vietnam and Mozambique have deployed a number of experience-sharing and technique training projects concerning agro-fisheries development. Both sides have inked a US$2.2 million cooperation project on developing food crops in Mozambique in the period of 2013-2017, aiming to support the African country in dealing with the issue of food security.

The visit made to Vietnam by Mozambican PM Carlos Agostinho do Rosario is aimed at facilitating trade and investment between the two countries, whilst also strengthening bilateral cooperation in the fields of mutual concern. The visit’s outcomes will write a new page in Vietnam-Mozambique multifaceted cooperative ties, thus contributing to peace, stability and development cooperation in the world.

Source: NHAN DAN

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