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Vietnam Today

Mozambique calls for more investment from Vietnam

Released at: 10:49, 02/08/2017

Mozambique calls for more investment from Vietnam

PM Nguyen Xuan Phuc (R) and Mozambique’s PM Carlos Agostinho do Rosario meet with the press after their talks on August 1 (Photo: VNA)

Mozambique Prime Minister paying official visit to Vietnam for first time from July 31 to August 3.

by Nguyen Quoc

During talks with Prime Minister Nguyen Xuan Phuc in Hanoi on August 1, visiting Prime Minister of Mozambique, Mr. Carlos Agostinho do Rosario, called on Vietnamese enterprises to engage more in trade, oil and gas, maritime transport, and processing farm produce and seafood to quickly realize the trade target set by the two countries’ leaders, the Vietnam News Agency reports.

The two leaders expressed their satisfaction at the growing traditional friendship between Vietnam and Mozambique. The host described the visit as an important milestone in bilateral relations after the visit to Mozambique by former State President Truong Tan Sang in March 2016.

Regarding political ties, they agreed to maintain exchanges of delegations at all levels while coordinating and supporting each other at international forums.

The two sides pledged to contribute to the maintenance of peace and cooperation in the region and beyond on the basis of respecting international law and addressing any disputes via peaceful means and in line with international law.

Prime Minister Phuc proposed that Mozambique support Vietnam’s bid to become a non-permanent member of the UN Security Council in the 2020-2021 tenure and the Director-General of the UN Educational, Scientific and Cultural Organization (UNESCO) in the 2017-2021 tenure.

In trade, investment and development cooperation, the Prime Ministers expressed their pleasure at the effective operations of Movitel, a joint venture between Vietnam’s military-run telecoms group Viettel and the Mozambique investment company SPI, as well as Vietnam’s food crop development research cooperation project in the country.

Mozambique is expected to become a leading partner of Vietnam in sub-Saharan Africa, while Vietnam will serve as a bridge to connect Mozambique with the Southeast Asian region.

Vietnam agreed to share more development experience with Mozambique in the fields of natural disaster prevention, weather forecasting, climate change adaptation, education and training, expert exchanges, and national security and defense.

Vietnam also asked Mozambique to make it easier for Vietnamese enterprises to open a bonded warehouse, develop goods distribution channels, and improve the legal framework for foreign investors.

After the talks, the Prime Ministers witnessed the signing of a memorandum of understanding on cooperation to protect and preserve wild flora and fauna and the initialing of an agreement on aviation transport services.

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