Mozambican President Daniel Chapo stated at the Zimbabwe International Trade Fair that Mozambique and Zimbabwe share more than borders. He spoke in Portuguese through an interpreter about their deep political, economic, and cultural ties dating back to pre-independence times. Both nations want better trade and investment flows between them.
Chapo called the fair a chance to boost trade with Zimbabwe and attract foreign investment in agriculture, industry, transport, and other sectors. He noted that despite close ties, trade between the countries remains small and mostly involves low-value products. Zimbabwe has invested about $120 million in Mozambique over the past decade, creating around 1,649 jobs through 37 projects.
Both countries have abundant natural resources that they can use to strengthen their economies. Zimbabwe offers arable land, forests, wildlife reserves like Victoria Falls, and minerals such as gold and lithium. Mozambique has 35 million hectares of farmland, water, natural gas, various minerals, and coastal access that benefits landlocked SADC nations.
The fair serves as a platform for business partnerships, government interaction, and information exchange. Chapo said their attendance shows their commitment to economic diplomacy for mutual growth.
Chapo called the fair a chance to boost trade with Zimbabwe and attract foreign investment in agriculture, industry, transport, and other sectors. He noted that despite close ties, trade between the countries remains small and mostly involves low-value products. Zimbabwe has invested about $120 million in Mozambique over the past decade, creating around 1,649 jobs through 37 projects.
Both countries have abundant natural resources that they can use to strengthen their economies. Zimbabwe offers arable land, forests, wildlife reserves like Victoria Falls, and minerals such as gold and lithium. Mozambique has 35 million hectares of farmland, water, natural gas, various minerals, and coastal access that benefits landlocked SADC nations.
The fair serves as a platform for business partnerships, government interaction, and information exchange. Chapo said their attendance shows their commitment to economic diplomacy for mutual growth.
