Today, 24 April, the President of the Republic, Filipe Nyusi, will begin a four-day visit to Portugal tocommemorate the 50th anniversary of 25 April. Meetings are planned with his Portuguese counterpart, Marcelo Rebelo de Sousa, and the Prime Minister, Luís Montenegro.
“The working visit will last until 27 April. Meetings are planned to hold talks with Portuguese leaders on specific issues of bilateral cooperation, boosting trade and investment,” reads a statement released by the Presidency of the Republic.
According to the document, the head of state “will also take part in the commemorations of the 50th anniversary of the April Revolution, as well as the relaunch of the signal of the state-owned Televisão de Moçambique (TVM) in Portugal, and the launch of the book by General Atanásio Mtumuke, entitled “The End of the National Liberation Struggle in Mozambique: Operation Omar”.
In Lisbon, Nyusi will attend the signing of a protocol between business associations from Portugal and Mozambique, as part of the business forum taking place at the Belém Cultural Centre.
The event is organised by the Portuguese Industrial Association (AIP) and the Confederation of Economic Associations of Mozambique (CTA) and aims to foster partnerships between companies from the two countries.
Portugal’s trade balance with Mozambique worsened by 2.4% last year, but remained positive at 448.2 million euros (30.1 billion meticals), continuing the favourable balance recorded in recent years.
According to data from the Portuguese Agency for Investment and Foreign Trade (AICEP) based on the Bank of Portugal, sent to Lusa, trade with Mozambique has always had a favourable balance for Portugal over the last five years, with 2022 being the year in which the balance tipped more towards the European country.
The positive balance that year was 459.4 million euros (30.9 billion meticals), increasing from the 356.1 million euros (23.9 billion meticals) recorded in 2021.
Mozambique is the 33rd customer of Portugal’s exports, representing 0.28% of sales, and is the 78th supplier, selling 0.03% of the goods that Portugal buys abroad, which means that its influence on the evolution of Portugal’s trade balance is negligible.
