President of Mozambique received at the People’s Palace in Beijing

18 May 2016

The President of Mozambique is due Wednesday to be received at the People’s Palace in Beijing by the President of China, Xi Jinping, according to the official agenda of the five-day State visit.

After the meeting between the two presidents there will be official talks between delegations from both countries, followed by the signing of several cooperation agreements.

Tuesday in Nanjing, Filipe Nyusi revised the growth forecast of the Mozambique economy to a range between 6 percent and 7 percent, lower than projected in the state budget but higher than international forecasts.

The Mozambican President, who was speaking at the China-Mozambique Business Forum, said the review of macroeconomic objectives was based on the “occurrence of exogenous shocks” and the weak recovery of the world economy, but said the fundamentals of the Mozambican economy were promising and tended towards stable, robust and diversified development.

Speaking to the Chinese businessmen present, Nyusi stressed that Mozambique have diverse natural resources, as well as fertile land to farm, potential for animal husbandry, fishing and all kinds of tourism in parks and nature reserves.

“The land is rich in marble, graphite, limestone, gold, ferrous minerals, precious and semi-precious stones for prospecting and exploring, with the government working to improve the business climate by removing the barriers already identified,” he said.

Filipe Nyusi is accompanied on this visit by the Ministers of Foreign Affairs and Cooperation, Oldemiro Baloi, Industry and Commerce, Ernesto Max Tonela, Public Works, Housing and Water Resources, Carlos Bonete Martin, Culture and Tourism, Silva Dunduro and by officials from a number of state institutions.(macauhub/CN/MZ)