Sao Tome and Principe is due in the next few days to sign a ”food security” agreement with Brazil in the amount of US$30 million, a spokesman for the Sao Tome government announced Saturday at the end of a Council of Ministers meeting.
Adelino Lucas, the Sao Tome Secretary of State for the Media said “the Council of Ministers authorised the Ministers for Agriculture and Planning and Finance to sign the agreement with Brazil that enables a project called More Food.”
Focused mainly on imported food and building materials from Brazil provided under a credit line, the “More Food” project is part of Sao Tome and Principe’s food security policy.
In 2007 the archipelago benefited from a US$5 million credit line from Brazil that was used for importing Brazilian food, brokered by the Chamber of Commerce of Sao Tome and Principe.
As well as the agro-food sector, Brazil and Sao Tome and Principe cooperate in many other areas, particularly in education, media, military technical training and new technologies. (macauhub/BR/ST)