Angola and Brazil plan to sign financial agreement

13 June 2014

Angola and Brazil plan to sign an agreement for the financial sector as well as to review other documents at the basis of their two-way cooperation, said Angola’s Foreign Relations Minister Georges Chikoti, cited by Angolan state newspaper Jornal de Angola.

The minister said that the agenda for negotiations also included the infrastructure sector, visas and transfer of prisoners from both countries and that these issues would also be discussed during a visit by President José Eduardo dos Santos to Brazil, where he ahs been since Monday.

Chikoti also highlighted the construction sector, saying that “we have several issues left open that are of interest to the Angolan side, which need some re-evaluation,” and mentioned training of Angolan staff in Brazil as well as opening up the Angolan market to Brazilian investors.

“We have a lot of students studying in Brazil, around 500, and there are also a lot of Brazilian businesspeople that are investing in Angola based on the existing credit line,” said the Foreign Relations Minister.

President José Eduardo dos Santos is in Brazil on an official visit where he watched the inaugural match of the FIFA World Cup in Sao Paulo and will now travel to Brasilia for official talks. (macauhub/AO/BR)