TANZANIA, NORWAY IN A PACT TO DEVELOP PRIVATE SECTOR AND ENHANCE POLITICAL DIPLOMACY BETWEEN THE TWO COUNTRIES
Tanzania and Norway have signed a Memorandum of Understanding (MoU) that will see the two countries develop the private sector and enhance political diplomacy between them.
The signing was done between Tanzanian Minister for Foreign Affairs Augustine Mahiga and his Norwegian counterpart Borge Brende in the commercial capital Dar es Salaam.
"Under the new agreement we have invited Norwegian investors to come to Tanzania and invest in diversified areas that would help raise the country's economy," said Mr. Mahiga.
The MoU would also focused on dialogue and cooperation on political diplomacy development.
"Our countries have been cooperating for many decades, and Norway has given support in multiple projects, including infrastructure, education, energy and gas and oil," said Mahiga, adding that a Norwegian company, Statoil, was among the Scandinavian country's companies investing in the liquefied natural gas (LNG) project.
For his part, Brende said Norway has been enhancing cooperation in different fields, including infrastructure and energy, but now they would also lay more emphasis on developing the private sector and political diplomacy.
He said with good governance, Tanzania was on the right track to supporting its own projects through its own revenue sources.
"The public should pay tax and avoid corruption and the government's vision of becoming a middle income country can be achieved," he said.
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