A new report identifying major obstacles to trade and investment in Mozambique was launched by the British High Commission in Maputo in collaboration with the Mozambican Ministry of Planning and Development and private sector partners. The UK-funded study outlines ten significant regulatory and operational barriers, focusing on sectors like energy and mining, and proposes recommendations to streamline administrative processes and improve the business climate.
British High Commissioner Helen Lewis stated that the report demonstrates the UK's long-term commitment, serving as a roadmap for reform and a platform for dialogue. She noted that British companies have investment commitments exceeding 1.4 billion dollars in the country. Luis Machava, representing the Ministry of Economy, emphasized that private sector development is crucial for sustainable growth and that the government would work with partners to ensure reforms yield tangible economic results.
The initiative supports Mozambique's national economic growth plan and aligns with the UK's broader strategy for Africa. The partners plan to prioritize three of the ten identified barriers for immediate action, with technical support from the International Trade Centre.
British High Commissioner Helen Lewis stated that the report demonstrates the UK's long-term commitment, serving as a roadmap for reform and a platform for dialogue. She noted that British companies have investment commitments exceeding 1.4 billion dollars in the country. Luis Machava, representing the Ministry of Economy, emphasized that private sector development is crucial for sustainable growth and that the government would work with partners to ensure reforms yield tangible economic results.
The initiative supports Mozambique's national economic growth plan and aligns with the UK's broader strategy for Africa. The partners plan to prioritize three of the ten identified barriers for immediate action, with technical support from the International Trade Centre.
