Mozambique and Vietnam restate intentions to increase two-way cooperation

14 March 2016

Mozambique and Vietnam have decided to deepen bilateral cooperation following the visit by Vietnamese President Truong Tan Sang to Mozambique, with his counterpart Filipe Nyusi anticipating that by 2020 two-way trade will reach US$500 million.

With regard to agriculture and infrastructure, some of the other areas that have greater focus on cooperation, Nyusi said these would involve technology transfer, “as it’s known that Vietnam is very advanced in the area of ​​agricultural research.”

After the meeting with Truong Tan Sang, the President of Mozambique said they both agreed on the need to build roads that pass through the production areas to allow a greater flow of agricultural products produced in these areas. They also discussed sea transport and cabotage which, although “it has been completed, there is still a lot to do,” according to the Mozambican press.

On the sidelines of the meeting the Mozambican Minister for Cooperation and Foreign Affairs, Oldemiro Baloi, and Vietnam’s Education and Training Minister Pham Luan Un signed an addendum to an education protocol.

Vietnam and Mozambique established diplomatic relations in June 1975 and now the Viettel Group and Hapro ( “Hanoi Trade Corporation”) are investing in Mozambique in the areas of telecommunications and trade.

In 2015, the trade between Vietnam and Mozambique reached US$66.1 million, of which US$59.6 million were exports of Vietnamese products.

Truong Tan Sang’s international tour, which also includes Tanzania and Iran, will continue untilTuesday, 15 March. (macauhub/MZ)