The Importance of International Trade and Investment Treaties for Mozambique

August 2007countries in Africa). In terms of country ratification
The role of treaties in the promotion of trade andlevel, Mozambique scores 24.83 (out of 100), lower
investmentsthan the average score in the Africa region (26.26)
International treaties are now, more than in the past,and the world average (33.87). The meaning of these
playing a fundamental role in international tradefigures simply puts Mozambique among the least
relations. With the fast developing communicationperforming countries in the world and in Africa in
systems and technology, and as the phenomenon ofterms of international trade and investment
globalization of economy is affecting all aspects offacilitation.
modern activities, transactions between countries onThe assessment of the current state of ratification
all continents are becoming more complex andof treaties reveals that there is generally a limited
intricate. With this new 21st century, trade andawareness on the importance of international treaties
foreign investment transactions, as well as capitaland their impact on the development of the private
flows have reached unprecedented levels. The moresector. While capacity building activities are very
complex are the trade operations, the higher is thelimited, there is no strategic approach developed to
number of rules and treaties adopted for a saferspot the most interesting treaties and agreements,
management and fairer governance of the globaland there is no mechanism for monitoring and
market.evaluation of treaties ratified or to be ratified.
It is estimated that there are currently more thanThe point is "how can Mozambique participate more
50.000 international treaties. Around 600 of thesein the drafting new trade rules and most of all,
treaties deal only with multilateral trade issues. Thereinvolve the stakeholders, including the private sector
are 210 major treaties of prime interest for theoperators?" Many government departments have
promotion of trade and investment, covering issuescompetence to conclude and sign agreements, but
of highest concern in the global trade such asthere seems to be no consolidation or coordination
international contracts, investment, intellectualmechanism at the level of Foreign Affairs or the
property, illicit trade, customs, finance, transport,Assembly of Republic (Parliament). There are
environment and products, dispute resolution, treatyapparently some gaps and inconsistencies in the
law and WTO agreements. According to a recentimplementation system, including weaknesses at the
study published by the ITC, all these treaties do notlevel of the judicial system whenever there is a need
have the same importance for trade and their impactto uphold fundamental rights protected by
can considerably affect trade interest of a countryinternational treaties.
according to their interests focus.The way forward
The importance of international treaties for theIn order to draw the best benefits from the potential
private sectorimpact of treaty law development in Mozambique, it
The issue concerning the importance of internationalis advisable to go beyond routine conclusion and
treaties and their impact on the performance of themanagement of treaties. It is also important to build a
private sector is of great concern for leastpositive image of Mozambique as a trade and
developed countries. Experts generally agree toinvestment destination. The worldwide dissemination
assert that effective international treaties are veryof information on the domestic policies could be a
important since they can facilitate safer inter-statevaluable exercise. A case in point is the cover page
relations, reduce problems of conflicts betweenarticle published by journalist Joshua Kurlantzick in the
states, enhance international cooperation andNew York Times (May 19th, 2005) under the title:
understanding between states, and most of all, they"Mozambique...the raising star of Africa" was an
promote the international rule of law. Trade treatiesexcellent opportunity. There are currently various
such as WTO Agreements and the United Nationsprojects on tourism in Mozambique, which, we hope,
multilateral treaties are shaping the way trade iswill reinforce this initiative.
conducted. Adopting these treaties sends a signal toOpening of new frontiers in treaty law for business,
international investors and trade operators that ainvestments and technology, promoting better
country is serious about creating a secure climate forcooperation opportunities; spotting and transforming
business.into concrete benefits potential transactions of prime
The choice of treaties to ratify and their effectiveinterests in the economic, political and cultural areas
implementation can make a decisive difference inare some of the actions that can be initiated by the
terms of economic development as a result ofGovernment with the active participation of the
greater business confidence and public awarenessprivate sector and media organizations.
within a country's business community. Many leastAs a practical measure, there is an urgent need to
developed countries such as Mozambique risk beingdevelop a comprehensive inventory and an updated,
victims of economic stagnation because they don'taccurate data base of treaties currently in force in
adopt major existing treaties, and do not contributeMozambique. A mechanism for the monitoring and
to new ones. Faced with the intricate rules containedpermanent evaluation of the implementation of
in the multitude of trade and investment treaties,treaties in force is of great importance. Government
these countries frequently don't know where todepartments and institutions involved in the treaty
focus their specific interest nor to concentrate theirmanagement process need to provide more
limited resources.information, and facilitate the awareness activities
The current issues on the ratification andand public debates on the importance of treaties. The
implementation of treaties by MozambiqueGovernment could for instance use the treaty
Considering the particular case of Mozambique, theremaking process as a development policy tool for
are only 42 treaties ratified out of the 210poverty eradication; i.e. more trade and investments
considered by the ITC as most important for tradeas well as business opportunities can reduce
promotion and facilitation. Thus, in terms of numberunemployment, improve the welfare of trade
of instruments ratified, Mozambique is ranked at theoperators and thus can represent a sure way for
global level no. 154 (out of 192 countries in thewealth creation in the country.
world), and at the regional level, no. 35 (out of 47