Italy is aiming to increase its trade with Mozambique following a growth in exports and imports with the African country during 2013.

Italian exports to Mozambique in 2013 totalled 60 million euros, or 28 percent more than in the previous year and its imports from Mozambique rose by 28 percent to 354 million euros.

To increase trade between the two countries, Italy’s Foreign Trade Agency is bringing a business mission to Maputo between 19 and 21 May.

Meetings are taking place in the following sectors: the agro-industrial, construction, banking, oil and gas, renewable energy, fishing, health and environmental sectors.

This mission is the first of an ‘Africa Plan’ initiative set up by the Italian ministries for Economic Development and for Foreign affairs.

On a visit last year to the Maputo International Fair, the deputy minister for Economic Development, Carlo Calenda said Mozambique was a priority for the Italian government and private sector.

Source: macauhub