ESWATINI AIMS TO INCREASE TRADE WITH MOZAMBIQUE
Prime Minister Ambrose Mandvulo Dlamini

ESWATINI AIMS TO INCREASE TRADE WITH MOZAMBIQUE

In a quest to resuscitate the economy, Eswatini intends to take full advantage of trade opportunities available
in Mozambique. “It is in this vein that we would like to underscore the ever-growing importance of Mozambique as our trading partner,” said the Minister of Commerce Industry and Trade, Mancoba Khumalo, whjo continued;“We
believe that creating opportunities for inclusive participation of the private sector can therefore not be
over-emphasized.” Mozambique has thrown down the gauntlet, challenging Eswatini business people to come and invest
in that country, especially in agribusiness since the Mozambique has adequate farming land. According to Khumalo, his ministry was ready to work with its counterpart in Mozambique to eliminate all forms of barriers that hinder bilateral trade. “Essentially, as the country move towards an integrated Continental Free Trade Area (CFTA), it is of paramount importance that the country draws closer to each other economically, to maximise the gains from the
CFTA as neighbours,” said Khumalo. Eswatinis’ trade with Mozambique is estimated at around 100m US dollars with about 75 percent of these being exports from the Kingdom to Mozambique. Over the years, the two countries have developed strong trade links, which have made a significant impact on the Eswatini economy as well as the business
sectors. “We do note, however, that there is great room for growth in this sector, which is essential for job
creation for our large youth population and poverty alleviation,” the minister added. Khumalo further encouraged Mozambican entrepreneurs to take full advantage of the new investor opportunities and incentives that the
country has to offer. On a different, the Prime inister Ambrose Dlamini said the government would allow both private and public sectors from the two countries to engage in a structured bilateral economic discourse, which would form the basis for continued trade and investment. Additionally, Eswatini has a number of companies from Mozambique operating in the country, and equally Eswatini has many companies supplying Mozambique with products.

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