China: Angolan president in Beijing to boost cooperation

16 December 2008

Luanda, Angola, 16 Dec – The president of Angola, José Eduardo dos Santos, arrived in Beijing Tuesday with a view to boosting Angola’s Chinese credit line currently estimated at US$5 billion, a Chinese diplomat told Angolan news agency Angop.

The Business Attaché to the Chinese Embassy in Luanda, Wang Wei told ANgop that the two countries were working for cooperation, mainly in the areas fo infrastructure, transport, health and education, to be extended to other sectors.

Wang Wei confirmed that the two countries were working on boosting the Chinese credit line but gave no further details.

“We are working to widen the areas of cooperation, but that depends on studies and exchange of opinions between specialists from both countries. We have all the conditions for our interchange to be increasingly stronger,” he said.

The water sector in Angola, namely dams and supply networks, could be one of the areas in which China will carry out new investments, said sources close to the Angolan delegation accompanying the president on his four-day visit to Beijing, which is the second to the Chinese capital in less than five months.

Angola is currently the biggest supplier of oil to China

Angolan airline Taag Saturday launched twice weekly flights between Luanda and Beijing. (macauhub)