Government of Angola wants to reshape public entities linked to foreign trade

1 November 2017

Angolan Public institutions linked to foreign trade should be reshaped to act more efficiently and deal with the markets, multilateral and bilateral trade agencies, the secretary of state for trade, Amadeu Leitão Nunes said in Luanda on Tuesday.

The Secretary of State for Foreign Trade was speaking at the presentation of market studies on Angola’s neighbouring countries, the Democratic Republic of Congo, Zambia and Namibia.

Nunes said the studies carried out by the European Union are important tools to improve Angola’s information on neighbouring export markets, providing national companies with information that could help diversify the economy and increase exports, particularly in countries of the Southern African Development Community (SADC).

Studies on the markets of Angola’s neighbouring countries, presented and published by the Agency for the Promotion of Investment and Exports, were conducted and funded by the European Union, which in two brochures, provided data on trade and the competitive opportunities between Angola, the Democratic Republic of the Congo, Zambia and Namibia, in the 2015/2016 period.

The ambassador for the European Union in Angola, Tomas Ulicny, said the presentation of the results and conclusions of the studies of markets in these neighbouring countries is intended to provide relevant information for the economic and commercial policy decision-making process of the Angolan authorities, as well as supporting the private sector to identify and invest in opportunities in these markets. (macauhub)