MoU to combat illegal logging signed; China to establish a Timber Industrial Park in Mozambique

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MoU to combat illegal logging signed; China to establish a Timber Industrial Park in Mozambique

12:03 CAT | 18 Jun 2018

Photo: Notícias

The governments of Mozambique and China have signed a memorandum of understanding which will furnish Mozambique with full information on the amount of timber leaving the country for China.

The memorandum provides for the two countries to establish an exchange for the exploration, transportation, commercialisation and export of timber and consolidates efforts that the two governments have been undertaking in combating the illegal timber trade, which is thought to have cost the Mozambican state approximately US$1 billion over the past 10 years.

The two countries will develop a bilateral coordination platform that will allow the transfer of technologies, build institutional capacity and improve the logging business environment.

The government of China, recognising the efforts of the government of Mozambique to ensure the sustainable exploitation of its important forest resources, will establish an Industrial Timber Park in Mozambique, which will add value to its product and stimulate the development of local industry.

The Chinese official reiterated that environmental and ecological cooperation between China and Africa, in particular Mozambique, had been significant.

The Chinese government has launched a ‘One Belt, One Road’ initiative, which aims to harness the potential of countries and promote their greater economic integration with China.

Source: O País