Side-by-side Comparison of the Brazil-Mozambique and Brazil-Angola Cooperation and Investment Facilitation Agreements

This document provides a side-by-side translation and comparison of two Cooperation and Investment Facilitation Agreements (CIFAs) signed in 2015 between Brazil and Mozambique, and Brazil and Angola. These agreements establish institutional frameworks to foster reciprocal investments through Joint Committees and Focal Points (Ombudsmen) while avoiding traditional investor-state dispute settlement mechanisms in favor of state-to-state cooperation and dispute prevention.

• Both agreements establish a Joint Committee composed of government representatives to monitor implementation, share investment opportunities, and resolve conflicts amicably. The Joint Committee is required to meet at least once per year, with the presidency alternating between the parties.
• The agreements create 'Focal Points' (referred to as 'Ombudsmen') to provide governmental support for investments. In Brazil, this role is situated in the Foreign Commerce Chamber (CAMEX). In Mozambique, it is the Council of Investments, and in Angola, it is the State Secretariat for Cooperation of the Ministry of Foreign Relations.
• The agreements prioritize dispute prevention and state-to-state resolution over direct investor-state arbitration. Disputes must first be assessed through consultations and negotiations by the Joint Committee before any arbitral proceedings are initiated.
• Both agreements include protections against expropriation and nationalization, stipulating that such actions can only occur for reasons of public interest, in a non-discriminatory manner, according to due process, and against adequate and effective compensation based on fair market value.
• The agreements mandate the exchange of information regarding investment laws, foreign exchange, customs and tax regimes, and public policies. They also specifically encourage the strengthening of public-private partnerships (PPP) through increased transparency.
• The agreements include a Corporate Social Responsibility (CSR) framework in Annex II, requiring investors to strive for sustainable development, respect human rights, and avoid seeking exemptions from host-state laws regarding health, safety, and labor.
• The Brazil-Mozambique agreement is set for a period of 20 years, while the Brazil-Angola agreement is valid for 10 years, both being automatically renewable unless denounced with 12 months' notice.

APA

Brauch, M. D. (2015). Side-by-side Comparison of the Brazil-Mozambique and Brazil-Angola Cooperation and Investment Facilitation Agreements. International Institute for Sustainable Development. https://www.iisd.org/system/files/publications/comparison-cooperation-investment-facilitation-agreements.pdf

Chicago

Brauch, Martin Dietrich. Side-by-side Comparison of the Brazil-Mozambique and Brazil-Angola Cooperation and Investment Facilitation Agreements. International Institute for Sustainable Development, 2015. https://www.iisd.org/system/files/publications/comparison-cooperation-investment-facilitation-agreements.pdf.

Wikipedia

{{cite report |last1=Brauch |first1=Martin Dietrich |title=Side-by-side Comparison of the Brazil-Mozambique and Brazil-Angola Cooperation and Investment Facilitation Agreements |publisher=International Institute for Sustainable Development |date=June 2015 |url=https://www.iisd.org/system/files/publications/comparison-cooperation-investment-facilitation-agreements.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{brauch2015sidebyside, author = {Brauch, Martin Dietrich}, title = {{Side-by-side Comparison of the Brazil-Mozambique and Brazil-Angola Cooperation and Investment Facilitation Agreements}}, institution = {International Institute for Sustainable Development}, year = {2015}, month = jun, url = {https://www.iisd.org/system/files/publications/comparison-cooperation-investment-facilitation-agreements.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }