Maputo, 25 Nov (AIM) – Luís Machava, Director General of APIEX (the country’s Investment and Export Promotion Agency) believes that Mozambique and Brazil have the capacity to boost cooperation in various sectors and raise trade to a higher level because the current figures are far from the real potential.
According to Machava, who was speaking on Monday, in Maputo, at the Business Meeting between Mozambique and Brazil as part of the working visit to Mozambique of Brazilian President, Lula da Silva, Mozambique has a strategic location and various natural resources could be of interest to Brazilian businesses
“The country also has fiscal and non-fiscal incentives. We have a legal framework to guarantee investments. Mozambique has a vast integrated legal framework that regulates investment matters, notably the new laws on private investment, labor, exchange rates, land, oil, mining, and public-private partnerships”, he said.
“We also have regulations that allow for the issuance of licenses in just one day, and visa exemptions for 29 countries”, he added.
For his part, Vinícius Lages, International Advisory Manager of the Brazilian Small Business Support Service, the two countries, need to go beyond a commercial rapprochement, in a world of unprecedented geopolitical tensions, to reaffirm multilateralism and move forward together.
“Small businesses in Brazil represent 98 percent of companies and two-thirds of jobs, as a fundamental axis of cooperation with Mozambique”, he said.
The business director of APIEX Brazil, Ana Arrepezza, said that the Brazilian government’s guideline for Africa is centered on strategic economic cooperation.
“We are not here just to promote exports, but to build partnerships that contribute to food security, energy transition, and access to universal healthcare. This is one of the largest Brazilian missions in recent years”, she said.
(AIM)
Mr/Ad/pf (298)
