Mozambique is the biggest SA trade partner with R30 billion flow, 30 bilateral agreements, 300 SA businesses

President Jacob Zuma

(2015-05-22) Jacob Zuma has told his Mozambican counterpart Filipe Nyusi that cross border economic projects are needed to help decentralise industralisation in the Southern African Development Community (SADC) region.

While president Zuma started last night’s toast to the Mozambican president by apologising for xenophobic attacks that claimed the lives of Mozambicans, the address was focused on the economic ties.

Zuma concluded his two-day state visit to Mozambique yesterday, where he was joined by the ministers of Energy, Environmental Affairs, Arts and Culture and International Relations.

Mozambique is South Africa’s biggest trade partner on the continent, with trade valued at over R30 billion, flowing between the two countries.

South Africa has 30 bilateral agreements with Mozambique.

Zuma told the audience the involvement of the private sector in identifying cross border projects is inevitable.

South Africa has 300 businesses running in Mozambique.

Source: Eye Witness News

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