Area
Mozambique
Commodity Group
Oilseeds, oils and meals
Commodity
Palm oil
Date
01/08/2019
Policy Category
Trade
Policy Instrument
Bilateral, sector-specific trade initiatives
Description
Signed a preferential trade agreement promoting bilateral trade and providing for the gradual removal of import duties on numerous commodities. Products for which Mozambique will lower its tariffs include Indonesian palm oil.
Notes
A preferential trade agreement signed by the two countries to promote bilateral trade provides for the gradual removal of import duties on numerous commodities. Products for which Mozambique will lower its tariffs include Indonesian palm oil. According to market observers, Indonesia could use the trade agreement as a way to penetrate markets in southern and western Africa.
