The union government of
Comoros Islands says it is opened to business and investment after United States
President George Bush officially named the country as a member of the Africa
Growth and Opportunity Act (AGOA). The United States government reportedly
expressed confidence in President Sambi’s administration, describing the
country as a model for democracy in the region after the overthrow of former
Anjouan leader Mohammed Bacar brought stability to the Islands.
President Ahmed Abdallah
Mohamed Sambi who is currently on a state visit to the United States met US
Secretary of State Condoleezza Rice and other government officials with the aim
of attracting international investments to his country. Ahmed Gaffar is the
Comoros Islands’ foreign minister. He tells reporter Peter Clottey the
government has put in place policies that encourage and protect investments.
“When we say that the Comoros Islands is opened
for investment it is true because since we were elected in 2006, the president
is trying to show the entire world that the Comoros Islands is now open for not
only diplomatic purposes, but also for business. I think you know that now that
we are on the USA after President Bush declared the Comoros Islands is now in
the AGOA. It is a good and important opportunity for us because it shows that
the Comoros now has stability, and we are here for official visit to her
Excellency Condoleezza Rice and other authorities. We are trying to show them
that they can now come in the Comoros as our Arab partners from the gulf and
others. You know we have a love of tourism potential and we would need a massive
international investment in that sector,” Gaffar said.
He said the current Comoros Islands union
government has put in place policies and other measures to not only attract
local and international investors, but also to ensure those investments are
“We began with the investment code that we have
put in place as a government, and we are also trying to establish some
facilities that would enhance our administrative procedures and we are all set
to attract both international and local investments to the Comoros Islands,” he
Gaffar said although previous instabilities created a lack of
trust among investors, things have changed and are now looking better.
the past it was very difficult for our partners, especially for business to
have confidence in the country because we had a lot of political problems. But
now we have solved all those political problems, especially during the Anjouan
crisis,” Gaffar pointed out.
said the government appreciates the efforts by friendly countries to ensure
peace and stability prevail in the Comoros Islands.
crisis was very bad and it blocked the country for one year. And his Excellency
President Sambi tried to see whether the international community to help solve
the crisis, and we had the support from the African Union, the Arab league, the
Francophone, and even the United States they all helped us, and we made this
operation in Anjouan. And it was a big success for us and with that we can say
President Sambi made the right call in ensuring that peace and stability
triumph in the country,” he said.
reiterated that the country is ready to do business with its international
that peace and stability has retuned to the country, I don’t think there is any
reason for anybody not to have confidence in investing in the country. And we
are here in Washington, D.C. where we met the US authorities who told us that
the Comoros is now a model for democracy. The country is strategically placed
and we want to welcome all our business partners and we want to assure them
that with this opportunity with AGOA they would enjoy many of our facilities
and we would ensure their investments are secure.