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Monday, June 18, 2012

U.S. RELATIONS WITH MOZAMBIQUE



Mozambique Map  From U. S. State Department Website.
FROM:  U.S. STATE DEPARTMENT
U.S. Relations With Mozambique
Bureau of African Affairs
Fact Sheet
June 13, 2012
U.S.-MOZAMBIQUE RELATIONS
Mozambique's independence from Portugal in 1975 was followed by years of civil conflict that ended in 1992. U.S. aid to Mozambique in the post-conflict period supported the peace and reconciliation process. The country has had one ruling political party since 1975. The United States and Mozambique share a commitment to economic development, improved living standards, and good governance for all Mozambicans.

U.S. Assistance to Mozambique
At the end of the civil war in 1992, Mozambique ranked among the least developed countries in the world and despite a strong macroeconomic performance, continues to be so today. The United States is the largest bilateral donor to the country and plays a leading role in donor efforts to assist Mozambique. The United States seeks to strengthen democracy and inclusive governance in Mozambique as well as a continued economic growth that expands opportunity for those most at risk. Poverty reduction and job creation remain high priorities, as do improved healthcare, education, and food security. Our role as the country’s largest bilateral donor continues, with such significant U.S. foreign assistance programs as the President’s Emergency Plan for AIDS Relief, the Millennium Challenge Corporation, the Feed the Future Initiative, and the President’s Malaria Initiative.

Bilateral Economic Relations
Bilateral trade between the United States and Mozambique rose 68% in 2011 reaching over $US 487 million according to the Office of the United States Trade Representative. A substantial amount of foreign direct investment from Mozambique comes from the United States. The two principal U.S. investors in Mozambique are Anadarko Petroleum and Mozambique Leaf Tobacco Limitada, although interest by other U.S companies is on the rise. A Bilateral Investment Treaty (BIT) between the two nations came into effect in March, 2005. The U.S. and Mozambique signed a Trade and Investment Framework Agreement (TIFA) in 2005, and the TIFA Council held its first meeting in October, 2006, with the most recent session in January 2012.

Mozambique's Membership in International Organizations
The twin pillars of Mozambique's foreign policy are maintenance of good relations with its neighbors and maintenance and expansion of ties to development partners. Mozambique and the United States belong to a number of the same international organizations, including the United Nations, International Monetary Fund, World Bank, and World Trade Organization.