South Korea Advocates for Investment Law Reforms in Mozambique

The South Korean ambassador to Mozambique, Bok-Won Kang, has requested the Assembly of the Republic to draft laws that foster South Korean investments in Mozambique. During a recent meeting with President Margarida Talapa, he emphasized the need for favorable legislation to facilitate business operations. Talapa expressed commitment to enhancing cooperation between the two countries, which have maintained diplomatic relations since 1993.

The South Korean ambassador to Mozambique, Bok-Won Kang, recently urged the President of the Assembly of the Republic, Margarida Talapa, to prioritize the drafting of legislation facilitating South Korean investment in Mozambique. This request was made during a courtesy visit aimed at strengthening bilateral development cooperation between the two nations. The ambassador emphasized the importance of the Mozambican parliament approving laws that are favorable to South Korean businesses, which would simplify investment processes in the country.

In his address, Ambassador Kang stated, “Parliament should help, through legal mechanisms, to ease the implementation of the various issues raised by the Korean authorities, especially facilitating Korean businesspeople in making their investments in the country.” Following this appeal, Talapa reaffirmed the Assembly’s commitment to enhancing cooperation with South Korea through collaborative initiatives. She acknowledged the strong ties and multifaceted support Korea has extended to Mozambique.

Diplomatic relations between Mozambique and South Korea have been in place since August 1993, marking a long-standing partnership focused on mutual development and cooperation.

In conclusion, the dialogue between South Korea and Mozambique exemplifies the potential for enhanced investment and cooperation through supportive legislation. Ambassador Bok-Won Kang’s appeal to the Mozambican parliament underscores the importance of creating an inviting investment climate for Korean businesses, while President Margarida Talapa’s commitment to strengthening these bilateral ties reflects the ongoing cooperation and solidarity between the two nations. Overall, this partnership is poised for growth and development.

Original Source: clubofmozambique.com