Warsaw Exchange signs agreement with Mozambique peer

The Warsaw Stock Exchange has signed an agreement with the Mozambique Stock Exchange (Bolsa de Valores de Mocambique). In an ISBnews communication brief, Adam Maciejewski, the CEO of the WSE said that “the world is globalizing … Markets don’t exist for themselves alone, but above all, for economies. I hope that our cooperation with the Mozambique Bourse will facilitate business contacts between the two nations.” The main goal of the cooperation agreement is to encourage contacts between entrepreneurs from both countries and to exchange information and experience regarding capital markets on either side. The Mozambique Stock Exchange came to life in 1999. It is a public institution regulated by the local Ministry of Finance. It lists stocks, corporate and government securities and has a capitalization amount of USD 1.2 billion.