Mozambican debt to Angola should be converted into Angolan property, PM says

9 July 2007

Luanda, Angola, 9 July – The US$50 million owed by Mozambique to Angola should be converted into Angolan property in Mozambique, Mozambique’s prime minister, Luísa Diogo told Angolan radio station Ecclesia.

Saying that the Angolan gesture was of capital importance, Diogo added that the two countries were in negotiations to reach an agreement of that kind.

The prime minister also said that the Angolan and Mozambican Finance Ministries were analyzing documents in order to “reconcile the debt.” (macauhub)

MACAUHUB FRENCH