Mozambique sees 34.3% decline in state dividend income in H1 2025
Mozambique businesses worried about Brexit
12:53 CAT | 30 Aug 2017
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The Confederation of Economic Associations of Mozambique (CTA) considers that the withdrawal of the United Kingdom from the European Union could inflate the costs of products imported from the UK because of the possible elimination of customs exemptions.
The concern was voiced by CTA deputy-chairman Álvaro Massinga on the sidelines of the visit of the High Commissioner of the United Kingdom to Mozambique Joanna Kuenssberg to the CTA premises in Maputo yesterday.
Massinga said Mozambique was negotiating with the British government to see if it could find a pragmatic way of extending contracts established under the Cotonou Agreement post-Brexit.
Massinga, quoted by the Diário de Moçambique, explained that concerns regarding the possible implications of the United Kingdom’s withdrawal from the European Union for Mozambican entrepreneurs were raised by his organisation at the meeting with High Commissioner Kuenssberg.
Of the products imported from the United Kingdom, Massinga highlighted agricultural tools and equipment and health sector equipment in particular.
Source: Diário de Moçambique
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