Trade Facilitation in Mozambique

Marković Sanja (Diplomirani ekonomista, studentkinja master akademskih studija na Ekonomskom fakultetu Univerziteta u Beogradu), sanjam22996@gmail.com

The subject of this paper is the analysis of the specific trade position of Mozambique, whose model of economic development is based on the extraction of natural resources. According to the United Nations classification, Mozambique is categorized as one of The Least Developed Countries (LDCs) in the world, which are extremely vulnerable to exogenous shocks and natural disasters. In addition, they encounter many barriers in international trade, which lead to increase of trade costs. This paper will point out the possibilities of overcoming these difficulties through the implementation of the Trade Facilitation Agreement (TFA), adopted under the World Trade Organization; as well as through investment in trade-capacity building, which should open opportunities for Mozambique to achieve a higher level of integration into international trade.

Keywords: trade costs, Mozambique, Trade Facilitation Agreement (TFA), trade-capacity building