Mozambique Extractives: Parliament wants a more advantageous extractive industry law for the country

Mina de Moatize
Vale Moatize Mine, Tete Province

Mozambique’s parliament plans to approve a law that obliges the extractive industry to provide more benefits to the country, the chairman of the Commission on Constitutional Affairs, Human Rights and Legality said recently.

Edson Macuácuá said the parliament would approve a law that is more advantageous for Mozambique in the exploration of natural resources, speaking on the sidelines of a conference on “The challenges of governance of the extractive sector in Mozambique” promoted by the Civic Coalition on the Extractive Industry.

The future law, he continued, will allow greater participation and links between the Mozambican private sector and the multinationals involved in the exploration of natural resources, according to Portuguese news agency Lusa.

Aida Salomão, the chief executive of the Terra Viva Centre, a Mozambican civil society organisation, said that state institutions should be better prepared to exercise greater control and regulation in the extractive sector, in order to ensure more benefits for the country. source: macauhub

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