The presidents of Portugal and Mozambique are taking part in a Business Forum between the two countries on Wednesday in Lisbon, bringing around 80 Mozambican businesspeople to Porto, Sines and the Portuguese capital.
The Confederation of Economic Associations of Mozambique (CTA) has prepared a business mission “with the aim of generating new opportunities for partnerships, brand representation in sectors such as oil and gas, agro-industry, transport and logistics, finance and services, renewable energies, hospitality and tourism”, which will take place from April 22 to 24, reads the delegation’s visit program.
The initiative culminates with the Mozambique-Portugal Business Forum, to be held at the Centro Cultural de Belém, in Lisbon, on the afternoon of the 24th, with the presence of the Portuguese President, Marcelo Rebelo de Sousa, and his Mozambican counterpart, Filipe Nyusi, at the opening session.
During the previous days, Mozambican businesspeople will have the opportunity to visit companies and meet with Portuguese businesspeople, in Porto on Monday and with a visit to the port of Sines on Tuesday.
The President of Mozambique will also take part in a ceremony commemorating the 50th anniversary of April 25 in Lisbon.
During the business mission, accessions will take place in a format of sectoral and focused round tables with the participation of members of the governments of Mozambique and Portugal, according to the organization.
Speaking to Lusa last week ahead of the visit, the vice-president of the Confederation of Mozambican Economic Associations (CTA) said that the aim is to “explore the opportunities offered to Portuguese companies to internationalize, as a way of increasing and diversifying Portuguese investment in Mozambique”.
The mission will show that Mozambique is “at a different stage and is still here, with open doors,” said Maria Assunção Abdula.
Two agreements are to be signed between the Mozambique Stock Exchange and the Portuguese Stock Exchange, and between the CTA and the CPLP Business Confederation and AIP, and a “joint Working Committee, Government and the private sector of the two countries, coordinated by the Agency for the Promotion of Investments and Exports APIEX, will also be proposed to implement all the business intentions that will be revealed during the mission,” said Maria Assunção Abdula.
Mobilizing new Portuguese investments for Mozambique, getting to know the financial solutions available on the Portuguese market for doing business and establishing partnerships, getting to know the technologies in the oil and gas, renewable energy, agro-industry, transport and logistics industries are among the objectives, as well as representing brands and promoting trade between the two countries.