Value of Brazil/Angola business relations set to increase this year

7 June 2010

Luanda, Angola, 7 Jun – The value of Brazil’s business relations in Angola should this year return to the US$4.3 billion mark recorded in 2008, following last year’s significant downturn, Brazil’s ambassador in Angola has stated.

Ambassador Afonso Cardoso made his comments in Luanda at the end of a Friday audience granted by the interim speaker of Parliament, Joao Lourenço, to whom the diplomat bid farewell at the end of his posting in Angola. He explained that the lower 2009 figure was due to reduced Brazilian exports to Angola.

Cooperation between both countries is “very positive”, characterised by close relations extending to all areas, Cardoso said.

“Bilateral relations are not limited to some sectors, but rather encompass all sectors, with health, education, trade, investment, culture and science standing out,” he added. (macauhub)