The governments of Mozambique and Qatar are working on concluding a package of agreements covering various areas of intervention, including a legal instrument aimed at promoting and protecting mutual investments.
Speaking during the Qatar-Mozambique Business and Investment Forum, held in the Gulf country September 14 – 17, the Deputy Minister of Economy and Finance, Amílcar Tivane, said that the partnership to be established between the two nations will open up new avenues for entrepreneurs to explore existing opportunities, strengthening economic and commercial interests.
He stressed that the Mozambican government is making efforts to support sustainable growth and development, recognizing the crucial role of the business sector as a strategic partner to help diversify the sources of economic growth, improve resilience, encourage job creation and promote social welfare in the country.
In this context, over the last few years, Mozambique has approved a wide range of policy initiatives to create an environment conducive to attracting private sector investment, an example of which is the Economic Acceleration Package (PAE), announced by the President of Mozambique, Filipe Jacinto Nyusi, in August 2022, made up of 20 policy measures aimed at supporting the country’s economic recovery.