AGP Executive Report
Last update: 4 hours agoTrade: Mozambique and the UAE have concluded negotiations on a Comprehensive Economic Partnership Agreement during President Daniel Chapo’s visit. If signed and ratified, it would cut tariffs and widen market access; bilateral non-oil trade is around $2.6 billion. Leaders and business representatives also discussed investment in energy, agriculture and other sectors. Rail & Logistics: Mozambique’s plans to open rail freight to private operators could gain support from the Luxembourg Rail Protocol, which aims to lower financing costs for rolling stock. Prime Minister Benvinda Levi has also called for modernising the state dredging company, citing its importance to port efficiency and cargo movement. Gas Infrastructure: ENH and Sasol have agreed to develop gas-transport infrastructure, while a separate $450 million LNG terminal project near Inhassoro is targeting a joint-development agreement by January. Climate Finance: Mozambique and Malawi can seek up to $40 million through a new adaptation initiative for investments addressing floods, droughts and cyclones.
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