Two-way cooperation at core of talks between president of Mozambique and Brazil

19 October 2011

Maputo, Mozambique, 19 Oct – Boosting cooperation between Mozambique and Brazil, particularly increasing business relations, was at the core of talks between Mozambique’s President Armando Guebuza and Brazil’s President Dilma Rousseff, according to Mozambican daily newspaper Notícias.

The President of Brazil arrived in Maputo from South Africa, where she had been since Monday to take part in the India-Brazil-South Africa Forum to discuss issues such as security and sustainable development, as well as trade partnerships.

During her stay, Rousseff is expected to have business meetings with a number of parties interested in this area.

As well as sponsoring construction of a anti retrovirus drug factory, which is due to open in 2012, Brazil has agricultural cooperation programmes in Mozambique and has provided a credit line of almost US$300 million.

The visit is taking place as a time when business relations between the two countries are on the up. In July, for example, Brazilian mining company vale inaugurated its biggest foreign project – a coal mine in Mozambique’s Tete province, which is already considered to be the world’s second-largest open-air coal mine.

Brazilian companies are also involved in building a coal-fired power plant, as well as in the project to link Moatize and the port of Nacala by a railway and transformation of the Nacala airbase into an international airport.

Rousseff is scheduled to leave Mozambique Wednesday for an official visit to Angola, due to begin Thursday. (macauhub)