Portugal remains a relevant partner for Angola, even in terms of trade – Economy
“Portugal continues to be a relevant ‘player’ in trade with Angola and it’s not just food products, it’s machines, it’s mainly even. Portugal exports many services to Angola, unlike Angola imports many services from Portugal. but it remains relevant”, said Victor Fernandes.
The official did not speak about the launch of “CaféCIPRA”, an initiative of the Press Center of the Presidency of the Republic of Angola direct and open dialogue between Angolan government officials and invitation, which is intended to be held every fortnight.
According to the minister, due to changes in recent years, namely the covid-19 pandemic and the increase in national production, many of the products that serve the purpose of cleaning via Portugal have reduced their export rate.
In turn, the Minister of Economy and Planning, Mário Caetano João, reiterated a partnership between the two countries, stressing that Portugal appears in second place in the list of benefits.
“We by no means, in the delivery, this Portugal is Angola’s second largest partner, after China,” said the Angolan official, highlighting the position that the two countries have been disputing in the last 10 years.
Mário Caetano stressed that China is the biggest partner, where Portugal is in exports, domain occupies the sixth place.
“In no way are we leaving Portugal aside.
The minister of Economy and Planning highlighted that, with Portugal, the Angolan Government manages to form a partnership in these two aspects, unlike what happens with other countries, namely the border countries, where only trade increases and little investment.
In the first edition, which served to introduce the balance of the last four years of “Economic Diplomacy” developed by the Angolan State and perspective, Mário Caetano highlighted as gains the availability by various financial institutions of some resources for the private sector.
“We have the IFC [International Finance Corporation]the private arm of the World Bank, which provided around US$1.2 billion [1,049 mil milhões de euros] for our business community and to date it has approved around 100 million dollars [87,4 milhões de euros]not directly in the real sector, but in the financial sector”, he stressed.
Mário Caetano João also mentioned the line provided by Deutch Bank with around million dollars (874.4 million euros), with 10 projects already approved, in the amount of 340 million dollars (297.3 million euros).
In Africa, the minister highlighted a line of US$120 million (104.9 million euros), which is being operated by the Savings and Credit Bank (BPC).
“This is a summary, as one of the possibilities of economic diplomacy”, he indicated.
During an interaction, America Problema was presented with concerns, namely, the former business relationship, as the company’s president of work, known as the company’s president of a workforce, Pedro Godinho, cited. by the chairman of the board of directors of the Instituto de Gestão de Ativos e Participações (IGAPE).
NME // LFS
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