AreaMozambique

Commodity GroupOilseeds, oils and meals

CommodityPalm oil

Date01/08/2019

Policy CategoryTrade

Policy InstrumentBilateral, sector-specific trade initiatives

DescriptionSigned 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.

NotesA 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.