South Korea Advocates for Investment-Friendly Laws in Mozambique

The South Korean Ambassador to Mozambique, Bok-Won Kang, urged the Assembly of the Republic to draft laws that promote South Korean investments in Mozambique. He emphasized the need for legislative support to facilitate business operations. President Margarida Talapa expressed the Assembly’s commitment to strengthening bilateral cooperation, highlighting the historical relations between the two nations since 1993.

The South Korean Ambassador to Mozambique, Bok-Won Kang, has requested the President of the Assembly of the Republic, Margarida Talapa, to prioritize the formulation of laws that would expedite the execution of South Korean investments in Mozambique. This appeal was made during a courtesy visit aimed at bolstering bilateral cooperation in various developmental sectors. Ambassador Kang emphasized the need for legislation that supports South Korean business investment in the nation.

To facilitate this collaboration, 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.” President Talapa expressed the Assembly’s readiness to foster cooperation, friendship, and solidarity with the National Assembly of South Korea through strategic initiatives.

The President of the Assembly highlighted the strong cooperative relationship with South Korea, noting the extensive support provided by the Asian nation. Diplomatic ties between Mozambique and South Korea have been established since August 1993, showcasing enduring collaboration between the two countries.

In conclusion, South Korea seeks to enhance investment opportunities in Mozambique by advocating for legal reforms through the Assembly of the Republic. The call for supportive legislation underscores the importance of facilitating business engagements, which may solidify the existing bilateral relations dating back to 1993. Ambassador Bok-Won Kang’s engagement with President Margarida Talapa illustrates the commitment to nurturing cooperation for mutual benefit.

Original Source: clubofmozambique.com

About Allegra Nguyen

Allegra Nguyen is an accomplished journalist with over a decade of experience reporting for leading news outlets. She began her career covering local politics and quickly expanded her expertise to international affairs. Allegra has a keen eye for investigative reporting and has received numerous accolades for her dedication to uncovering the truth. With a master's degree in Journalism from Columbia University, she blends rigorous research with compelling storytelling to engage her audience.

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