The President of Angola this Monday invited Portuguese businessmen to take full advantage of the common language to increase direct investment in the country and participate in the future privatization of the assets of the Angolan state. The appeal to Joao Lourenço was made as part of the Prime Minister’s trip to Angola.
This Monday, the two countries signed 13 bilateral cooperation agreements, mainly in the economic and financial fields. The most important agreements from the Portuguese side were signed by the Ministers of Finance and Foreign Affairs regarding the increase in the credit line for businesses up to two billion euros and the Strategic Cooperation Program (PEC) for 2023/2027 respectively.
The two countries also signed an agreement between the ports of Sines and the Algarve and the Sociedade de Desenvolvimento da Barra do Dande and, among other things, food safety training and laboratory support.
The Prime Minister of Portugal believes that there is a special, mature and even accommodating relationship between Portugal and Angola, and notes that Portuguese companies have always been present in the Angolan market, even in difficult economic conditions. Costa took advantage of this second official visit, which ends on Tuesday, to invite João Lourenço to attend the 50th anniversary celebration on April 25, saying that the Portuguese revolution was a move that also represented the liberation of Angola.
Author: Raquel Oliveira This Portuguese
Source: CM Jornal
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