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Home Trade

UK strengthens trade and investment relations with Mozambique

Club of Mozambique by Club of Mozambique
February 27, 2023
in Africa, Mozambique, Trade
Reading Time: 2 mins read
840 8
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Left to Right: Paulo Chachine - Mozambique DIT Country Director, Helen Lewis - British High Commissioner for Mozambique, Augusta Maita - Head of economic measures implementation (PAE) and UK Trade Commissioner for Africa, John Humphrey. Photo: British High Commission Maputo

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The UK Trade Commissioner for Africa, John Humphrey, made a working visit to Mozambique from February 21 to 24, focusing on strengthening partnerships between the two countries in several priority sectors.

The visit included meetings with the Minister of Industry and Trade, Silvino Moreno, Deputy Minister of Transport and Communications, Amilton Alissone and the Permanent Secretary of the Ministry of Mineral Resources and Energy, Teodoro Vales, in which ways were established to enhance Mozambique-UK partnerships in these areas through British investment and the creation of a business environment with fewer barriers to access and growth.

Also read: Mozambique stimulus package begins to show results

On the occasion of the visit, the British Trade Commissioner for Africa, John Humphrey, highlighted the relevance of Mozambique in the African business ecosystem and said:

“British companies are among the leading employers and tax payers in Mozambique, supporting over 400,000 Mozambicans in the agro-industrial sector alone. It is our expectation that bilateral commercial ties between our two nations will be strengthened in the coming years.”

The visit allowed for direct contact with British companies in Mozambique such as Vodacom, Compass Group, Maragra Sugar, Gemfields, Gemrocks and Globeleq. These conversations allowed for an understanding of the current challenges of the Mozambican market and the design of strategies to attract more sustainable and mutually beneficial investments.

The British High Commissioner for Mozambique, Helen Lewis, left her remarks during the business meeting in Maputo:

“The UK and Mozambique have a historic and mutually beneficial relationship in the areas of trade and business. As part of the Commonwealth, a number of barriers are reduced and there is greater scope for mutually beneficial partnerships. We are strongly committed to continuing to strengthen this relationship with business and the Government of Mozambique.”

Also read: Mozambique’s GDP growth stood at 4.15% in 2022

The British Government is focused on restoring trade and investment and business partnerships with Mozambique to pre-COVID levels and enhancing responsible and sustainable investment in the areas of energy, agriculture and mining.

Related

Source: Club of Mozambique
Tags: Amilton AlissoneBritish investmentBusinessCommonwealthenvironmentJohn HumphreyMozambiqueMozambique-UKsustainable investmentTeodoro ValesTradeUK strengthens trade and investment relations with MozambiqueUK Trade Commissioner for Africaмозамбикموزمبيقモザンビーク莫桑比克
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Club of Mozambique

Club of Mozambique

'Club of Mozambique is an online gateway to Mozambique, offering up-to-date information and news relating to business, politics and other economic activities in Mozambique.

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