Business and Regulatory Environment

Description

The World Bank Doing Business Report (2013) ranked Mozambique 139th out of 189 economies, which is close to the regional average of Sub- Saharan Africa. Its performance in resolving insolvency, enforcing contracts, getting electricity and registering property is particularly unfavourable, while it has relatively better performance in protecting investors and dealing with construction permits. Bureaucracy, lack of transparency and widespread corruption (on all levels and across sectors) are the major obstacles inhibiting the business environment. The administrative procedures are usually lengthy, ambiguous, involving a significant number of documents, and generating plenty of room for corruption. It is also notable that equal access to market and equal opportunity are extensively ignored in Mozambique. Competition is hampered by state intervention, the monopoly power held by state-owned enterprises, as well as the highly non-transparent business environment. Since 2010, in order to increase its attractiveness to foreign investment, the Mozambican government is implementing corresponding reforms in the public sector to address these constraints. The reforming measures include streamlining procedures, launching anti-corruption legislation, as well as enforcing compliance to international norms.

The Business Environment: Doing Business

Multilateral Trade Instruments

Abstract


The Trade Treaties Map tool is a web-based system on multilateral trade treaties and instruments designed to assist trade support institutions (TSIs) and policymakers in optimizing their country's legal framework on international trade

Instrument ratified :
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Weighted score : /100
    Ratification Rate Rank Weighted Score Rank
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