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Tuesday, August 22, 2017

Belarus meets with Mozambique on assembly plants

Vladimir Semashko, the first deputy premier of Belarus, said on Friday that Belarus will set up assembly plants in Belarus.

Semashko made the announcement during a meeting with Oldemiro Baloi, the minister of foreign affairs and cooperation of the Republic of Mozambique, the Belarusian Telegraph Agency reports.

"Belarus and Mozambique have a significant cooperation potential in many fields, first of all, in agriculture and manufacturing, as well as education," Semashko said, according to the Belarusian Telegraph Agency. "The bilateral trade increased 3.4 times in 2013, however, the absolute number ($9.1 million, including $8.7 million in export) is still very small. We can expand the bilateral trade dozens and even hundreds of times."

Mozambique generates approximately 24 percent of its gross domestic product from agriculture. Semashko said Belarus could easily supply the country with its reliable and inexpensive tractors. Belarus could also offer a supply of road construction and municipal machines.

Semashko said an intergovernmental commission should be established to decide which projects would be the most effective, the Belarusian Telegraph Agency reports.