Portugal and Mozambique reinforce cooperation in the area of Energy

Portugal and Mozambique reinforce cooperation in the area of Energy

Portugal and Mozambique have pledged to deepen their cooperation in the area of ​​Energy, creating a new instrument to promote collaboration and knowledge sharing in the natural gas and renewable energy sectors and the training of Mozambican labor.

The final declaration of the IV Bilateral Summit between Portugal and Mozambique binds the Heads of Government of both countries to a memorandum of understanding to encourage collaboration “in energy programs and activities, including regulation of the Mozambican electricity network code, technical training, sharing knowledge and experience in natural gas matters and enhancing energy efficiency and promoting renewable energies “.

Portugal also undertakes to “reformulate its intervention at the level of technical and vocational education” to train qualified Mozambicans, particularly in the energy sector.
At the summit that brought together, in Lisbon, the Portuguese Prime Minister, António Costa, and the Mozambican President, Filipe Nyusi, was also recognized the Portuguese investment in the Scholarship Program and the Special Regime for Access to Higher Education and the work developed. Portuguese School of Mozambique, as well as cooperation in the fields of Portuguese language and culture, through programs to support the training of Portuguese language teachers in Mozambique.

On the economic and commercial front, Portugal and Mozambique welcomed the signing in March of the specific Lusophone Compact with Mozambique, considering that it will create “important opportunities for the promotion of private investment and the development of structuring projects in Mozambique. “and called for its speedy realization.
The first Lusophone Compact project (an initiative launched at the end of 2017 by the African Development Bank and the Portuguese Government to fund projects launched in Lusophone countries) in Mozambique has an estimated funding of 30 million euros.

The two countries also reiterated their intention to intensify trade and investment and welcomed the implementation in Mozambique of the Economic Partnership Agreement between the European Union and the Southern African Development Community, which will help to boost Mozambican exports to Mozambique. Europe.

Portugal and Mozambique have also committed to accelerate the implementation of the Real Estate Exchanges Protocol of their respective Embassies which was signed in 2015, bringing together the planned working group by the end of this year.

It was also decided that the next summit will be held in Mozambique in 2020 on dates yet to be defined.

Source: RTP Notícias [Portuguese]