Macau has been a fundamental link in the relationship between China and the Portuguese-speaking countries

27 July 2011

Maputo, Mozambique, 27 July – Macau has actively been carrying out its role of trading platform between China and the Portuguese-speaking countries, following the creation of Forum Macau, Mozambique’s deputy minister for Industry and Trade, Kenneth Marizane said in Maputo.

During a seminar on economic, trade and services cooperation between Guangdong, Macau and Mozambique, held in the Mozambican capital, the deputy minister also said that, “promotion of relations between Mozambique and China over the last few years have created a political climate that encourages further two-way economic and trade cooperation, and a new phase is now being seen with substantial progress driven by growth in trade and a rise in investment in China.”

Marizane added that, “direct investment by China in Mozambique has grown significantly, covering the area of infrastructure, agriculture and trade, which were then added to by growing two-way ties resulting from frequent visits by officials from both countries.”

In his turn, Rogério Manuel, the chairman of the Confederation of Mozambican Economic Associations, said that the meeting between businesspeople between Mozambican businesspeople and investors from Guangdong and Macau aimed to find investment partnerships, mainly in the area of logging, real estate, agriculture, the textile industry and technology.

“Despite our trade having little significance, we want to develop a closer partnership in these sectors, as there is great potential for more trade, investment and joint projects,” said Manuel. (macauhub)