Russia Trade Contract with Mozambique — Import & Export Online · Контракт.Онлайн
🇲🇿 Republic of Mozambique

Russia Trade Contract with Mozambique

Import and export of goods with Mozambique — a bilingual EN/RU contract in 5 minutes. Settlements in USD, LNG and coal

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Which contract fits working with Mozambique

Four contract types — for any deal structure with a Mozambican partner

Trade specifics with Mozambique

Key terms to reflect in the contract

CISG not ratified

Mozambique has not acceded to the CISG. The country's legal system is based on Portuguese law. Specify the governing law explicitly in the contract: Portuguese, English, or Russian law.

no CISG · Portuguese law

LNG — a strategic asset

Mozambique holds substantial natural gas reserves (the Rovuma Basin). LNG projects are run by Total and Eni. Gas contracts are subject to a special licensing regime.

LNG · Rovuma

Settlements in USD

The MZN (metical) is not convertible on international markets. All international contracts are denominated in USD. SWIFT payments go through Portuguese-affiliated banks (BCI, Millennium BIM).

USD · MZN domestic

173-FZ: repatriation

A Russian resident is required to repatriate proceeds within the deadlines set out in the contract. For contracts from 3 million RUB, a unique contract number (UNK) is assigned.

173-FZ · repatriation

Questions about trade contracts with Mozambique

Answers to the most common questions

No. Mozambique has not ratified the CISG. Specify the governing law explicitly in the contract.
Request the NUIT (Número Único de Identificação Tributária, tax ID) and an extract from the CFJOC (Centro de Formação Jurídica e Judiciária). Verification is done through the Conservatória do Registo Comercial (commercial registry).
USD. The MZN (metical) is used only within Mozambique. SWIFT payments go through Portuguese-affiliated banks in Mozambique.
Coal (a major exporter of coking coal), LNG, aluminum (the Mozal smelter), seafood, cashew nuts, and cotton.
Yes. The export declaration is filed in Russia; the import declaration is filed by the Mozambican side through the AT (Autoridade Tributária de Moçambique, tax authority).

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Russia Trade Contract with Mozambique: Key Features

Mozambique is a country with enormous natural resource potential: the largest natural gas reserves in Africa, coal, aluminum, and seafood. Russia is expanding its presence in the extractive sector.

Mozambican company details

In the contract, specify the NUIT (tax number), full company name, and address. Verification is done through Mozambique's registration authorities.

CISG and governing law

Mozambique has not acceded to the CISG. The legal system is based on Portuguese law. ICC arbitration or the ICAC at the Russian Chamber of Commerce and Industry is recommended.

Currency and settlements

USD is the only viable option for international contracts. SWIFT payments go through BCI (Banco Comercial e de Investimentos) and Millennium BIM.

Logistics

The ports of Maputo and Beira are the main trade ports. From Black Sea ports via Suez — about 30 days.