Trade between Angola and Italy totals 260 million euros in first half

1 December 2009

Luanda, Angola, 1 Dec – Trade between Angola and Italy totalled 260 million euros in the first six months of 2009, which was a year on year rise of 150 percent, Italy’s ambassador to Angola said in Luanda Monday.

Speaking to Angolan news agency Angop, Giusppe MIstretta said that trade had been “satisfactory” for Italy and was partly the result of an exchange of delegations between the two countries.

In February a delegation from the Italian Economic Development Ministry headed up by its deputy minister, Adolfo Urso, visited Angola.

The ambassador noted that trade with Angola was not limited to the oil sector, as demonstrated by the trade seen over the last few years.

“Trade between the two countries, not counting the oil sector, totalled over 2 billion euros by the end of 2008.”

Italy mainly exports engineering products, textiles, industrial machinery, motor vehicles, agricultural equipment, chemical products, food, drinks and tobacco to Angola. (macauhub)