Mozambique. Defence budget reduced by 11 billion meticais
Photo: Macauhub
The Mozambican ambassador to China, Maria Gustava said that the Macau International Fair (MIF), which opened on Thursday, is an ideal opportunity for China and Portuguese-speaking countries to deepen their friendship and cooperation as well as knowledge of the potential and economic, financial and investment opportunities in China and in each member country of the Macau platform.
“The prominence of Mozambique as a partner country in the 23rd edition of MIF, has a very important meaning, in the context of Mozambique’s political, economic and socio-cultural aspects, as well as the business and investment opportunity it represents,” the diplomat told Macauhub.
Mozambique is attending MIF with a delegation led by Ragendra de Sousa, Minister of Industry and Trade, which includes prominent members from a variety of sectors and segments of Mozambican society, ranging from entrepreneurs, writers, painters, artists and craftspeople, chefs and exhibitors.
Gustava said she was convinced, “the work to be carried out by the delegation of Mozambique in this event will certainly contribute to the deepening of knowledge about the reality and potential that the country offers in terms of business and investment for Chinese entrepreneurs and also for the entrepreneurs of the Portuguese speaking sister countries.”
During an Investment and Trade Forum with the participation of Mozambique, hosted by the Chinese province of Fujian and Macau, which will take place on Thursday, the Mozambican Minister of Industry and Trade is due to present business opportunities in Mozambique.
Zhang Zhinan, deputy governor of Fujian and Leong Vai Tac, Secretary for Economy and Finance of Macau, will also address the role of the Special Administrative Region as a platform between China and Portuguese-speaking countries.
In the same session the investment climate in Mozambique, Fujian and Macau will be addressed in speeches by Jackson Chang, President of the Macau Trade and Investment Promotion Institute (IPIM), Wu Nanxiang, Director General of the Fujian Department of Commerce and Lourenço Sambo, Director General of the Agency for the Promotion of Investment and Exports of Mozambique (APIEX).
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