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South Korea Advocates for Improved Investment Laws in Mozambique

The South Korean ambassador to Mozambique urged the Mozambican parliament to develop laws that facilitate South Korean investments in the country. Ambassador Bok-Won Kang emphasized the importance of legal support for Korean business interests, while President Margarida Talapa expressed a commitment to enhancing bilateral cooperation. Diplomatic relations between the nations have existed since August 1993.

The South Korean ambassador to Mozambique, Bok-Won Kang, has urged the President of the Assembly of the Republic, Margarida Talapa, to concentrate on the development of laws that would expedite the implementation of South Korean investments in Mozambique. This request was made during a courtesy visit aimed at enhancing bilateral cooperation across various developmental sectors.

Ambassador Kang emphasized the necessity for the Mozambican parliament to enact laws that would create a conducive environment for South Korean business interests. He articulated, “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.” Additionally, Talapa conveyed the Assembly’s commitment to fostering collaborative ties with the National Assembly of South Korea through targeted programs.

President Talapa noted the strong collaborative relationship with South Korea, acknowledging the extensive support that has been extended to Mozambique. The diplomatic relations between the two nations have been established since August 1993, underscoring the longstanding partnership.

In conclusion, the South Korean ambassador’s request for legislative support reflects a commitment to strengthen bilateral investment relations between Mozambique and South Korea. Enhancing laws for easier implementation of investments could benefit both nations significantly, fostering economic growth and development.

Original Source: clubofmozambique.com

Victor Reyes

Victor Reyes is a respected journalist known for his exceptional reporting on urban affairs and community issues. A graduate of the University of Texas at Austin, Victor has dedicated his career to highlighting local stories that often go unnoticed by mainstream media. With over 16 years in the field, he possesses an extraordinary talent for capturing the essence of the neighborhoods he covers, making his work deeply relevant and impactful.

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