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Photo: Presidency
The president of Mozambique, Daniel Chapo, on Wednesday expressed the country’s willingness to cooperate and welcome investment initiatives from Japan that promote peace and economic integration between African countries bordering the Indian Ocean.
“We reiterate our willingness to welcome investments and regional initiatives aimed at strengthening economic integration and peace in the Indian Ocean region, deepening cooperation in strategic areas,” said the president of Mozambique, in Yokohama, Japan, during the opening of the Economic Partnership in Indian Ocean-Africa Forum, held on the sidelines of the 9th Tokyo International Conference on Africa’s Development (TICAD 9).
Daniel Chapo showed Mozambique’s openness to cooperating and welcoming investments from this Asian country that benefit the countries bordering the Indian Ocean in the areas of the blue economy and maritime infrastructure, port logistics and maritime security, sustainable tourism, energy transition, regional trade and technological innovation.
“Aware of the strategic value of the Indian Ocean, not only as a bridge between our continents in the world, bridges, cultures and markets, but also as an unavoidable factor and catalyst for socio-economic development, we want to assure you of our commitment, as a government, to contribute to sustainable policies and an increasingly dynamic, inclusive and resilient ocean economy,” said Chapo.
He also said that Mozambique is open to receiving investments in green infrastructure and renewable energies, particularly in youth development, through the creation of exchange platforms between young Africans and Japanese with a focus on applied science and digital transformation.
“We are open to cooperation in the economic sphere, with countless opportunities in Mozambique, including services, infrastructure, tourism, agriculture, fishing in the Southern African region, the Middle East-Africa and also Asia-Africa,” he added.
Also at the opening of the forum, the Mozambican President expressed openness to developing bilateral and multilateral partnerships with various countries within the scope of TICAD.
“And because Mozambique has development corridors, it has ports, it has railways, it has infrastructure, it has mineral resources, energy sources, it has tourism, it has agriculture, it has industry, fundamental areas for our economic and sustainable development,” said Chapo.
TICAD runs from Wednesday to Friday, with dozens of meetings and debates on African development, and is an initiative of the Japanese government that began being organised in 1993. The venue has been shared alternately with Tunisia, where the previous edition was held in 2022.
President Daniel Chapo is leading Mozambique’s delegation, which includes Minister of Foreign Affairs and Cooperation Maria Manuela Lucas, Minister of Transport and Logistics João Matlombe, Minister of Mineral Resources and Energy Estevão Pale and Minister of Health Ussene Isse.
According to the Japanese press, the Japanese government and local companies are expected to sign more than 300 memoranda of understanding with the African politicians and business leaders who have travelled to Yokohama, on the outskirts of Tokyo, to take part in the conference.
According to the Nikkei news agency, these memoranda aim to help the governments of African nations import Japanese products in various areas, including health and agriculture, by reducing or even exempting tariffs.
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