Absa Bank Moçambique opens first branch in Maputo with new branding
The first Economic Conference of the Market of the Community of Portuguese Speaking Countries (CPLP) begins on Wednesday in Maputo, Mozambique, with the participation of about 350 people, including entrepreneurs, representatives of business associations, public foreign trade bodies, heads of state and members of the government of the CPLP countries, according to the organising body.
The event, organised by the Business Confederation of the Community of Portuguese Speaking Countries (CE-CPLP), aims to improve the movement of people and goods, services and capital among community members, making this “new market” more consistent and boosting relations between associations and business entities.
The conference will last two days and address topics such as “Characterisation of the CPLP market, Strengths and weaknesses of each member country,” “Foreign trade agencies of the countries of the community,” “Mobility and recognition of professions within the CPLP,” and “National electricity companies of affiliated countries.”
CE-CPLP President, Salimo Abdula, recently announced that the entity will propose to the governments of the member countries of the organisation the creation of an arbitration tribunal for the resolution of business disputes.
“Since CPLP countries speak the same language and have close legal systems, an arbitral tribunal for the organisation would be more effective in settling disputes between community entrepreneurs,” said Abdula, announcing the programme of the 1st Economic Conference of the CPLP Market.
The CE-CPLP President also said that the organisation’s entrepreneurs will insist on the need for member states of the organisation to introduce free movement of people and goods, to strengthen trade and social ties.
The Community of Portuguese Speaking Countries was established in 1996 and has nine members, namely Brazil, Angola, Cabo Verde (Cape Verde), Guinea Bissau, Equatorial Guinea, Mozambique, Portugal, Sao Tome and Principe and Timor-Leste (East Timor).Source: Macauhub