(AseanAll)  — Timor-Leste President J. Ramos-Horta on July 6, 2026 received the Ambassador of Timor-Leste to Mozambique, Luís Miguel Sequeira, for a comprehensive briefing on the progress of his diplomatic mission. 

The Ambassador reported on the robust strengthening of bilateral ties following the President’s State visit to Mozambique in July 2024, highlighting active bilateral cooperation in higher education—including new medical scholarships for Timorese students—as well as shared initiatives in defense, natural resource management, and CPLP affairs.

During the meeting, Ambassador Sequeira also introduced representatives from Yuxiao, a prominent Chinese enterprise with two decades of successful investment experience in Mozambique. The business delegation presented their strong interest in exploring major investment opportunities in Timor-Leste, specifically targeting the mining, infrastructure, and hospitality sectors, which could include the development of a large-scale hotel to support the nation’s upcoming ASEAN presidency in 2029.

Ramos-Horta warmly welcomed the investors and expressed his deep appreciation for their initiative to contribute to Timor-Leste’s economic development. Recognizing the strategic potential of these projects, the Head of State encouraged the delegation to proceed with detailed discussions with the Vice Prime Minister and relevant government ministries to properly evaluate and facilitate these prospective investments within the country’s business environment.