Mozambican President Daniel Chapo has emphasized the importance of economic cooperation between Tanzania and Mozambique to strengthen regional value chains and drive growth.

During the 50th Dar es Salaam International Trade Fair (DITF), Chapo highlighted the complementary economic strengths of both nations, including access to Indian Ocean routes, natural resources, and transport infrastructure.He urged the two countries to shift from competition to collaboration, focusing on sectors like energy, agriculture, mining, tourism, and logistics.

Chapo also called for coordinated regional ports to reduce transport costs and enhance supply chains, positioning East and Southern Africa as a competitive force in global trade.

The speech underscored historical ties, referencing Tanzania's support for Mozambique's independence, and linked economic integration to achieving 'economic freedom.' The address aligns with Africa's industrialization agenda, aiming to foster innovation, trade connectivity, and sustainable growth.Chapo invited investors to participate in the upcoming Maputo International Fair (FACIM) to explore joint opportunities.