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European Union Disburses €420 Million for Trade and Investment Facilitation in Mozambique
15, Nov 2022
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The European Union (EU) announced last Friday, November 11th, in Maputo, the availability of 420 million euros with a view to facilitating trade and investment in the country.
The funds will also be used to support youth programmes, protect biodiversity and guarantee peace and security until 2024.
The European Union Ambassador to Mozambique, Antonino Maggiore, made this announcement during the second sectoral dialogue between the Government and the EU, in the fields of economy, trade and investment, adding that the country is on the right track to achieve sustainable development.
For his part, the Minister of Industry and Commerce, Silvino Moreno, said that dialogue constitutes one of the solutions to speed up Mozambique's economic recovery.
This second sectoral dialogue took place under the motto: “Promote the facilitation of trade, investments and economic partnership”.
Source: Diário Económico
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