Angola to have Portuguese-speaking duty free area

7 June 2013

A duty free area to make business easier in southern Angola is due to be set up this year by businesspeople in the Community of Portuguese-Speaking Countries (CPLP), the vice president of the Angolan Industrial Association (AIA) said Wednesday in Lubango.

According to Eliseu Gaspar, creation of the area is the result of a number of plans to make the south of the country into a regional integration platform, which will favour business with Portuguese-speaking countries as well as with countries in the Southern African Development Community (SADC).

Gaspar noted that the duty free area will also make use of tax breaks offered to Angolan businesspeople.

The creation of this area will also receive a boost in August, when Expo/Huíla is due to be held, as a number of businesspeople from Portuguese-speaking countries plan to establish partnerships with businesspeople from southern Angola. (macauhub)