African central banks, including Mozambique, to join emerging-market peers easing rates - Bloomberg
Mozambican president wants to cooperate with Mauritius in mineral resources, other sectors
3:07 CAT | 01 Feb 2019
Photo: Twitter / @FSCMauritius
President Filipe Nyusi yesterday expressed his intention to cooperate with Mauritius in the area of mineral resources, highlighting the potential that Mozambique has in the sector.
“There is a possibility of cooperation in this area. We want those responsible for these sectors in both countries to discuss possibilities for cooperation,” the Mozambican head of state said after signing three cooperation agreements between the two countries, during a three-day state visit to Mauritius.
Despite the focus on mineral resources, where Mozambique has “enormous potential”, Filipe Nyusi argued that cooperation should not be confined to this sector, noting that “you can’t eat gas”.
“Gas is important, but the production of food is much more important for us,” President Nyusi said.
The three agreements signed yesterday focus on the tourism, environmental and investment promotion sectors.
In the area of tourism, the agreement will allow cooperation in promoting both countries as attractive tourist destinations, as well as mutual technical assistance in the field of tourism marketing.
With regard to investment promotion, the agreement aims to promote the strengthening of trade and institutional relations, as well as the exchange of experience in the sector. Finally, the environmental memorandum defines the protection and conservation of mineral resources as a priority in both countries.
Speaking at the signing ceremony, the Prime Minister of Mauritius, Pravind Kumar Jugnauth, said the agreements represented a willingness to increase cooperation.
“These agreements show the interest we have in improving our relations and mark the start of this process,” he said.
In the context of the visit of HE Mr Filipe Jacinto Nyusi, President of the Republic of Mozambique, #fscmauritius has organised an interactive session on the Mauritian #financialservices sector & its role as regulator, today 31 Jan 2019 at the Shri A.B. Vajpayee Tower, Ebène pic.twitter.com/WNeyI3rQC3
— Financial Services Commission Mauritius (@FSCMauritius) January 31, 2019
Source: Lusa
Show comments
Also read
Leave a Reply
Be the First to Comment!
You must be logged in to post a comment.
You must be logged in to post a comment.