The Mozambican government said on Thursday, March 23, in Maputo, that it intends to turn the country into a regional hub for logistics trade facilitation at the Southern African Development Community (SADC) level, through the African Continental Free Trade Area (AfCFTA).
Speaking at a two-day seminar (22 and 23 March) on the “National Strategy of the African Continental Free Trade Area,” the Permanent Secretary of the Ministry of Industry and Trade (MIC), Jorge Jairoce, said the meeting aimed to inform about recent developments in the negotiations and operationalization processes of the AfCFTA agreement, including its monitoring protocols and its implications for Mozambique.
According to Jorge Jairoce, the Government believes that the potential and productive capacity existing in the country is structured to be boosted by competitive mobility of capital and business partnerships at the African continent level.
“We intend to consolidate our experience as a regional logistics trade facilitation centre both in the region and worldwide, favouring the internationalisation of the agricultural and fishing sector value chains, the opportunities of the energy and renewable, hydro and fossil potential, the tourism and cultural industry, the logistics and corridor ecosystem and networked industrial development with infrastructures to support rapid growth for scale production,” detailed the permanent secretary.
For Jorge Jairoce, the signing and ratification of AfCFTA challenges the country to match, and gradually update, its policy and regulatory framework that already contemplates the continental and global economic integration of Mozambique.
The event was organised by the Ministry of Industry and Trade, in coordination with the United Nations Economic Commission for Africa (ECA), with the support of the European Union.
Diário Económico
