SA, Mozambique strengthen trade ties
South Africa has committed to maximising areas of cooperation with Mozambique
Jan 17, 2018: Following the visit to Mozambique, South African president Cyril Ramaphosa has committed to maximising areas of cooperation with Mozambique that are beneficial for the neighbouring countries’ bilateral relations.
The two countries have over 70 bilateral agreements and memorandum of understanding in place, which cover a wide range of areas including energy, agriculture, arts and culture, defence and security, education and environment, science and technology, immigration, tourism, trade and investment.
Ramaphosa and Mozambican president Filipe Jacinto Nyusi underscored the need to ensure the full implementation of these legal instruments for the benefit of their respective countries and reiterated the need for regional economic integration. It will be possible through the implementation of the Southern African Development Community (SADC) industrialisation strategy and its action plan, the promotion of regional value chains and creation of industrial capacity.