Mozambique will ratify AfCFTA – Minister of Industry and Commerce

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Mozambique will ratify AfCFTA – Minister of Industry and Commerce
Mozambique will ratify AfCFTA – Minister of Industry and Commerce

Africa-Press – Mozambique. Mozambique awaits the ratification by the Assembly of the Republic, later this year, of the Resolution of the African Continental Free Trade Area (AfCFTA), which together with the National Implementation Strategy and the Tariff Offer, will make the implementation of this agreement effective,” Minister of Industry and Commerce Silvino Moreno said at the opening of the Forum of Executive Directors of the SADC Development Finance Institutions (DFIs) sub-committee.

The agreement will “boost the competitiveness of free trade in goods and services, demanding from financial institutions, mechanisms and integrated and innovative solutions for access to financial resources for a better and effective participation of Southern Africa in the continental market,” the minister explained.

“Implementation of the AfCFTA: Assessing the Readiness of the SADC Region and the Role of Development Finance Institutions” was the theme of the forum recently held in Maputo, and attended by government figures and around 120 dignitaries, 66 of them from neighbouring countries in the SADC region.

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