European Union and Mozambique to continue cooperation on investment for development

The European Union (EU) said that it will continue to encourage European businesses to invest in various Mozambican developmental sectors.

The EU ambassador Antonino Maggiore expressed the pledge, Friday on the Island of Mozambique, at the end of the Sectoral Dialogue on Economy, Trade and Investment between Mozambique and the EU.

Antonino Maggiore said that the dialogue resulted in reinforced lessons on cooperation to increase interconnectivity in the business world.

On the occasion, the Minister of Industry and Commerce, Mr Silvino Moreno, said that Mozambique is open to receiving and developing investment projects from the EU and beyond.

On the sidelines of the Sectoral Dialogue on Economy, Trade and Investment between Mozambique and the European Union, a business and investment round table was held between the private sector of the two parties. (RM)