The government of Angola plans to establish import quotas on food and non-food products, the national production of which accounts for at least 60 percent of consumption, the minister of Commerce, Rosa Pacavira said in Luanda.
At the opening of the first national seminar on the Executive Programme for Implementation of Import Quotas, the Minister of Trade named a list of imported products that lead consumption in the country.
Pacavira said consumption of imported products had not changed, but noted the entry of more than 315,000 tons of hydraulic cement in 2014 as a lower figure than the 542,160 tons recorded in 2013, a significant drop of some 41.9 percent.
The statistics presented by the Minister of Trade also showed an increase of imports of iodised salt of 8,968 tons, or 0.35 percent of the total imports, lower than domestic consumption of foreign fruit juice, which saw imports of 21,447 tons (0.85 percent).
The trade minister said the government’s strategy for 2015, under the National Development Plan for 2013-2017, is to apply a structure of maximum quotas and minimum quotas per importer.
“The maximum quotas are intended to protect domestic production and restrict monopolistic practice and the minimum quota defends the most efficient importers,” she said.
Pacavira added that the new measures will progressively restrict the import of pre-packaged products and benefit imports of bulk products, to ensure greater gross added value in the domestic supply chain.
“There are plans to create incentives to establish a wholesale network based on national businessmen able to contribute decisively to normalise product offering and price equilibrium,” he said.
Pacavira noted expansion of the retail trading network as one of the important strategies to gradually convert the informal commercial network to a formal network, in a structured way and in accordance with international standards. (macauhub/AO)