Angola: Italy wants to enter key sectors of the Angolan economy

11 February 2009

Luanda, Angola, 11 Feb – Italy wants to take part with its companies in key sectors of the Angolan eocnomy, the Italian Foreign Affairs Minister, Franco Frattini said Tuesday in Luanda at the end of a 24-hour visit to Angola.

“We want to promote visits by Italian companies to Angola in order to assess their participation in key sectors of the Angolan economy, particularly in infrastructures and construction of social housing and the agricultural sector, in which Italy is available to fund mutually-agreed projects,” he said.

According to Frattini the areas of defence and security also merited Italy’s attention in its relationship with Angola.

The Italian presidency of the G-8 – the group of the world’s seven most industrialised nations and Russia – was present in the various approaches made by the Italian minister, who was received by the Angolan President, José Eduardo dos Santos, and by Prime Minister Paulo Kassoma.

Frattini also said that Angola, which is currently the president of the Organisation of Petroleum Producing Countries (OPEC), has an important role to play in a meeting that the G-8 plans to organise with regional organisation, including the African Union, to discuss new rules for global governance.

Angola’s role could be decisive in the dialogue between oil producing and non-oil producing countries, according to Frattini. (macauhub)