Mozambique and Rwanda Agreement to boost Trade and Investment

Rwanda and Mozambique investors have agreed to promote and strengthen investment and trade cooperation in a new move that will ease doing business between the two countries.

This was done by signing an agreement as a legal document that will guide the new collaboration in Maputo capital Mozambique where over 50 Rwanda business operators are attending Rwanda-Mozambique business forum.

According to the signed memorandum of understating, the two parties will promote exchanges and cooperation through organizing economic and trade delegations, project study tours, exhibitions, seminars, investment briefings and high-level forums.

The two parties will recommend and introduce each other to trade, investment and other cooperation opportunities and partners, encourage and assist various forms of cooperation between enterprises of the two parties in order to promote the development of economic and trade relations between the two countries, especially for small and medium-sized enterprises and counterpart cooperation enterprises.

The memorandum of understanding was signed by Mozambique Chamber of Commerce and Rwanda Private Sector Federation.