United States to boost trade with Angola

3 June 2010

Luanda, Angola, 3 June – The United States’ ambassador to Angola, Dan Mozena, said Wednesday in Luanda a boost to trade relations between Angola and the US, particularly in the agri-livestock sector.

Speaking to Angolan news agency Angop, the ambassador said trade relations between the two countries were very good, mainly in the oil sector, where turnover was around US$10 billion in 2008 and US$18 billion in 2009.

“The United States of America is the biggest investors in Angola and, therefore, steps are being taken for these investments to be expanded to other business areas,” he said.

According to the ambassador over the next few months in Luanda there will be a meeting between the Angolan and US authorities to study investment models in the country’s non-oil sectors.

He said that the US embassy had done everything possible to attract US investors to Angola, via informational meetings about current business opportunities in non-oil sectors.

“Last week I had a video conference with 140 US investors living in Johannesburg (South Africa) and in Washington, where I explained the business opportunities in Angola and all of them showed an interest,” he said.

Mozena has been in Angola since the beginning of 2008 and his term is due to end in July of this year. (macauhub)