Mozambique President Chapo visits Portugal

Login

Register

http://www.clubofmozambique.com/

Mozambique President Chapo visits Portugal

10:48 CAT | 03 Jul 2025

FILE - President Chapo addressing a press conference in Seville, Spain, on Wednesday, July 2, 2025. [File photo: Presidency of the Republic of Mozambique]

The President of Mozambique, Daniel Chapo, is on an official visit to Lisbon on Thursday, with the conversion of sovereign debt into green economy projects and the strengthening of progressively stronger relations with Portugal on the agenda.

Chapo, who is meeting today with Portuguese President Marcelo Rebelo de Sousa and Prime Minister Luís Montenegro, said in an interview with Lusa in Seville that Portugal is open to agreements to convert Mozambique’s sovereign debt into green economy projects and that this will be one of the topics to be addressed during his visit to Lisbon today.

“There is openness. There is openness from Portugal and other European Union countries, and we believe this is extremely important in order to ease, on the one hand, the pressure we are under in terms of the state budget with the cost of sovereign debt, but also, on the other hand, to give our budget some breathing space that will allow us to make more investments and develop Mozambique,” said Daniel Chapo, who participated this week in the Fourth International Conference on Financing for Development in the Post-2000 Period.

This was one of the issues that Mozambique brought to the conference in Seville, which ends today in that Spanish city, and on which he said there were prospects for agreements.

“There are encouraging talks. There is still no concrete response or concrete project, but the most important thing is that the world at this conference understood the message,” he said.

“Our idea is to continue with these talks” on green projects, within the framework of public debt conversion agreements and the so-called ‘carbon credit’, which aims to reduce global pollutant emissions, he revealed in an interview with Lusa.

Daniel Chapo emphasised that Portugal “is a sister country” with strong historical, cultural and cooperative ties with Mozambique, which were recently demonstrated during the celebrations of 50 years of Mozambican independence on 25 June, attended by Marcelo Rebelo de Sousa.

“It is a very strong sign of the brotherhood and excellent cooperation between Mozambique and Portugal. And we want to consolidate this new perspective of climate funds for the green economy and also for the exchange, as far as possible, of sovereign debt or these issues related to carbon credit,” said the President of Mozambique.

In addition to this issue, and more generally, Daniel Chapo hopes that his visit to Portugal, which begins today, will strengthen the already “increasingly strong” relations between the two countries.

Portugal and Mozambique, he said, have “a common history” and, even “during the colonial process”, the two peoples shared an enemy, which was the Portuguese “fascist and dictatorial regime” that fell in 1974.

“We have always been brother peoples,” emphasised Daniel Chapo, adding: “We want to further strengthen our relations of friendship and cooperation and reinforce our economic, social and political relations so that we can develop Portugal, develop Mozambique, develop our politics and create better living conditions for our peoples”.

Source: Lusa