Home Southern Africa Mozambique’s Exports to EU Increases to USD 5.3 bn

Mozambique’s Exports to EU Increases to USD 5.3 bn

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Mozambique's Exports to EU Increases to USD 5.3 bn

(3 Minutes Read)

The chairperson of the European Business Association (EUROCAM), Simone Santi, guaranteed that European businesses have confidence in Mozambique, although they call for more efforts to fight corruption.

The Mozambican Minister of the Economy, Basílio Muhate, announced that the volume of Mozambique’s exports to the European Union (EU), over the last five years, reached USD 5.3 billion.

According to the minister, in Maputo, at the first edition of European Networking, which brings together the Chambers of Commerce of Mozambique and Europe, imports from Europe to Mozambique, during the same period, reached 4.19 billion dollars.

Muhate explained that the Mozambican government has chosen the structural transformation of the economy as one of the main strategies to pursue the agenda of economic recovery and sustainable modernization.

For his part, the European Union ambassador to Mozambique, Antonino Maggiore, said that his delegation’s mission is to work with all the country’s forces to accompany the country’s reforms and development.

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The chairperson of the European Business Association (EUROCAM), Simone Santi, guaranteed that European businesses have confidence in Mozambique, although they call for more efforts to fight corruption.