Luanda - Trade between Angola and Mozambique in 2022 was valued at around US$10 million, as a result of exports and imports between the two Portuguese-speaking countries.
In that period, Angola imported various goods from Mozambique worth US$7.93 million, while products exported to the country bordering the Indian Ocean were budgeted at only US$2.05 million, according to Angola's permanent representative to the United Nations, Margarida Izata.
Cited in a note to which ANGOP had access on Wednesday, the diplomat was speaking during a session of the Trade Policy Review (PRC) body, which took place from 1 to 3 of this month, at the headquarters of the World Trade Organization (WTO), in Geneva, Switzerland.
On the occasion, the ambassador acknowledged that Mozambique's exports to the rest of SADC are essential sources for economic diversification, with more than two-thirds still destined for South Africa, which also remains the main supplier of goods to the Indian Ocean country, followed by the European Union, China and Singapore.
He stressed that Angola welcomes Mozambique continuing to support a multilateral trading system based on WTO-based rules.
He also said that the country agrees with Mozambique in supporting the WTO's decision-making principles, by consensus, and in expanding the space for developing and least developed countries.
He also acknowledged that despite being active members of the African Union, the Southern African Development Community (SADC), the new African Continental Free Trade Area (AfCTFA), the Community of Portuguese Speaking Countries (CPLP) and members of the WTO, since 1995 and 1996, respectively, Mozambique and Angola are, unfortunately, very modest trading partners. CPM/QCB/DOJ
