Luanda hosts business forum between Portugal and Angola in June

3 March 2015

A forum of companies from Portugal and Angola, initially scheduled for the first quarter of this year, will be held in Luanda next June, the Portuguese Economy Minister said Monday.

Speaking in Lisbon, to Angolan National Radio, António Pires de Lima confirmed the forum, announced in January by the Portuguese Minister of State and Foreign Affairs, Rui Machete, during an official visit to Angola.

In the same statement, on the sidelines of a visit to the International Food and Beverage Show (Sisab), the Portuguese minister called for cross-investments between businessmen from both countries.

More than 9,000 Portuguese companies currently export to Angola and about 2,000, Angola-based have Portuguese investment, according to figures from Portugal’s Foreign Trade and Investment Agency (AICEP).

In 2013, trade between the two countries totalled 7 billion euros. (macauhub/AO/PT)