After the official talks, at expert and ministerial level, both governments announced the decision to promote exchanges in the areas of finance, customs management, industry, trade, agriculture and fisheries, oil and gas, public works, transportation, energy and water, health, tourism and investment promotion.
The joint communiqué of the respective foreign ministries also confirmed the interest in strengthening collaboration in the banking sector, particularly with regard to cross-border payments and the liberalization of exchange controls.
The text states that the ministerial meeting provided an opportunity to analyze various political, economic and social issues, including the need to establish and implement legal mechanisms to intensify and strengthen existing ties and cooperation.
The ministers urged the private sectors to capitalize on their immense trade and investment potential to help the post-Covid-19 economic recovery, in line with the framework outlined by the regional agenda of the Southern African Development Community and the African continental free trade area.
At the multilateral level, they welcomed the convergence of positions on relevant regional and international issues, the statement summarized.