Angolan government to set up export promotion institute

18 February 2013

The Angolan government plans this year to set up a National Export Support Institute, which will focus on promoting access to international markets by Angolan products, the Minister of State and head of the Civil House of the Republican Presidency said Saturday in Luanda.

At the closing session of the Methodological Seminar on Foreign Trade, Minister Edeltrudes da Costa said that setting up the Institute was a result of the country’s need “to develop its export capacity of products for which Angola has good competitive and comparative prospects.”

“Potential continues to exist although conditions for administrative, financial and sector strategy coordination need to be set up in order to meet our target of effective diversification ,of the economy, taking the country from a mono-export nation to an exporting and self-sufficient nation,” said the minister of State.

Creation of the National export Support Institute was announced Friday in Luanda by the country’s Trade Minister, Rosa Pacavira at the opening session of the seminar, according to Angolan news agency Angop.

At the same meeting it was announced that Angola currently has a quantitative and qualitative lack of staff and recommendations were made for the Trade Ministry to set up permanent staff training programmes. (macauhub)