Mining & Energy
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Mozambique’s employers’ association, the CTA, on Tuesday signed, in the course of its business mission to Italy, a memorandum of understanding (MoU) with the Italian Association of the Petroleum and Mining Industry (Assomineraria) in Rome.
The MoU aims to establish a partnership to promote and support local (Mozambican) content regarding its regulation, financing, training in sustainable decision-making processes and in the execution of projects related to the extractive industry.
The agreement was signed by the presidents of the two organisations, Agostinho Vuma of the CTA and Luigi Ciarrocchi of Assomineraria.
The partnership also included the mapping of Mozambique’s needs in relation to the oil and gas industry to ensure the empowerment of the Mozambican business sector, using the wide Italian experience across the spectrum of this industry.
This memorandum (of indefinite duration) is also intended to improve the cooperation of Mozambican companies with the Italian industrial system by identifying critical areas and improving those that facilitate the reciprocal adaptation between the Mozambican and Italian legal frameworks; alignment of quality standards, local hygiene and safety at work and procedures for transparency with the requirements of international companies; improvement of logistics and communications; and facilitating the exchange for the internationalisation of companies in the field.
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