Maputo — The Council of Ministers (Cabinet) on Thursday approved Mozambique's adoption of the Code of Conduct concerning the Repression of Piracy and Armed Robbery against Ships in the Western Indian Ocean and the Gulf of Aden, also known as the "Djibouti Code of Conduct".
The Djibouti Code facilitates the sharing of information among countries in the region and actions to repress maritime piracy.
Speaking to reporters shortly after the Cabinet meeting, government spokesperson Deputy Minister of Mineral Resources Abdul Razak explained that Mozambique's accession to the Code "will allow Mozambique to share information among member countries in the region and will give access to technical training and support for the purchase of equipment for the fight against piracy".
The Djibouti Code, which became effective on 29 January 2009, promotes the implementation of a number of United Nations Security Council and UN General Assembly resolutions which fall within the competence of the International Maritime Organisation (IMO).
So far 19 out of 21 eligible countries have signed the Djibouti Code of Conduct. Mozambique and France are yet to sign the Code. With Mozambique adopting the Code, France is the only eligible country yet to join.
During the meeting, the Cabinet also ratified two agreements: with the Exim Bank of China for financing the building of a bridge across Maputo Bay linking the centre of the capital city with the district of Catembe; and with the Kuwait Fund and Banco Terra for financing the Food Security Programme through the provision of micro credit to small farmers.
The meeting also approved the Medium Term Fiscal Scenario for 2012/2015, a framework that forecasts revenues for the 3 year period and predicts the availability of funds.
This Fiscal Scenario plays a role in developing the plan to combat poverty and is the basis for the allocation of financial resources at all levels.