Mozambique's President, Daniel Chapo, is set to visit Lisbon today, aiming to strengthen the already robust relations between Mozambique and Portugal. The agenda includes discussions on converting Mozambique's sovereign debt into green economy projects, a move that could alleviate the country's budget pressures and foster sustainable development.
During his visit, Chapo will meet with Portuguese President Marcelo Rebelo de Sousa and Prime Minister Luís Montenegro. The discussions are expected to focus on green economy initiatives and carbon credit agreements, which could provide Mozambique with the financial flexibility to invest in its development while addressing global environmental challenges.
Chapo highlighted the strong historical, cultural, and cooperative ties between the two countries, emphasizing their shared history and the mutual desire to enhance economic, social, and political relations. The visit underscores the growing importance of green economy projects in international relations and the potential for debt conversion to support sustainable development goals.
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