Mozambique and Thailand to Double Trade

Mozambique and Thailand have agreed to a series of measures to strengthen bilateral cooperation. The accords cover technical cooperation, visa exemptions, hydrocarbon development, economic cooperation and tourism.

Trade between the two countries stands at $180 million a year. These measures could see trade double over five years.

The signing of the accords in Maputo on 29 July followed the arrival of the Prime Minster of Thailand, Yingluck Shinawatra.

Speaking at a press conference after the signing ceremony, Thailand's Minister of Foreign Affairs, Surapong Tovichakchaikul, highlighted the important role played by the private sector.

Mozambique's Foreign Minister, Oldemiro Baloi, said bilateral discussions covered issues including resources, tourism, fishing, health, transport and communications.

During separate talks President Armando Guebuza, Yingluck Shinawatra presented plans to create a Thailand/Africa Forum and invited the country to participate.

This was the first time a Thai leader has visited Mozambique since the establishment of diplomatic relations in 1989. In addition, it is Prime Minster Yingluck Shinawatra's first visit to African since her election in 2011.

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