MINING
Government signs mineral deal with Mozambique
- Published: 9 Feb 2013 at 00.00
- Newspaper section: Business
Thailand has signed a memorandum of understanding on mineral resource cooperation with Mozambique in a bid to ease manufacturers' shortage of raw materials.
Commerce Minister Boonsong Teriyapirom said the agreement, signed yesterday, covers mineral resource exploration, investment promotion and academic exchanges with the aim of expanding trade and investment for the gems and jewellery industry.
He said Thailand lacks supplies of raw materials for the sector, while Mozambique remains short of knowledge about mineral and gem certification, cutting technology and value addition.
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