Mozambique and Portugal cooperate in supervision of economic activities

4 February 2013

Improving the business climate for economic agents in Portugal and Mozambique is the basis for creating a commission to coordinate the activities of the official bodies responsible for business supervision in the two countries, Mozambican newspaper Notícias reported.

The Mozambican deputy Trade and Industry minister, Kenneth Marizane, said that the Mozambican government wanted to “see the Mozambican National Economic Activities Inspectorate (INAE) prepared to carry out educational work for the economic development of our country.”

“We want to have an inspection team that works to create a favourable business climate in order to attract more investment, which acts according to the law and penalises situations that are not appropriate in the commercialisation process,” said the deputy minister.

The Portuguese ambassador said that creating the Commission had followed a process that began in 2010 with the signing of a protocol by the two countries’ governments. As part of this process the Portuguese Food and Economic Security Authority (ASAE) will train Mozambican staff and provide the means for the work carried out by INAE to be of the highest quality. (macauhub)