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Government Reviews Commercial Legislation

Government Reviews Commercial Legislation

The Mozambican government, through the Ministry of Industry and Commerce (MIC) is reviewing the commercial legislation in order to revitalize the sector.

According to the Minister of Industry and Commerce, Carlos Mesquita, the aim of the revision is to adjust the rules of the commercial sector to the current context and to undertake greater dynamics in the functioning of the national economy, as well as to regulate new matters, such as electronic commerce (online sales), among others.

“The process of revising the current Investment Law is also underway with a view to attracting more businessmen to the Mozambican economy,” he said.

The governor was recently speaking in a webinar with the private sector to discuss aspects related to the State of Public Calamity, as part of the measures to contain the spread of covid-19.

This meeting aimed to continue listening to the concerns of the private sector on issues related to maintaining the public-private dialogue, the functioning of the economy, the appreciation of the effects of the measures to prevent and contain the spread of covid-19 approved by the Government through Decree 2/2021, February 4, and the prospects of the measures under the revision of the respective decree.

On the occasion, Carlos Mesquita referred to the need for a permanent and continuous interaction between the Government and the private sector, emphasizing “that the fight against Covid-19 is a continuous learning process and requires all actors in society to better organize themselves to better mitigate its effects.”

“The Government will continue to give special attention to the issue of promotion and consumption of national products, with emphasis on the initiative “Produce, Export and Consume Mozambican ( Made in Mozambique),” said the minister, He also said that the Government recognizes the efforts of the private sector in this phase of crisis caused by Covid-19 and will continue to adopt measures to mitigate the effects on the economy, as well as strengthen enforcement actions, through awareness campaigns for economic operators.

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It should be noted that, in the meeting, aspects of the decree in force were discussed, and the private sector put forward some proposals for adjustment in the coming decrees.

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