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Wed, 28 Nov 2018 10:56 - Updated Wed, 28 Nov 2018 10:56

Minister stresses sea's contribution to economic development

Luanda - Angolan minister of Fisheries Vitória de Barros Neto Monday in Nairobi, Kenya, highlighted the contribution of the oil, fishing and maritime industries to the growth of the Angolan economy.

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Minister of Fisheries Vitória de Barros Neto

Photo: Angop

This is expressed in a press release from the Institutional Communication Office of the Ministry of Fisheries, reached Angop Tuesday in Luanda.

The minister was speaking on behalf of the Angolan President, João Lourenço, at the World Conference on Blue Economy.

Vitória de Barros said that of underexploited potential, approximately 60 percent is for the National Gross National Product and 40 percent comes from the oil industry.

She also highlighted the contribution of the fishing industry and maritime transport in national economy.

Scheduled to end on Wednesday (28), the event is bringing together 4,000 delegates, amongst heads of State and government officials from various countries.

The blue economy is a concept that recognises the importance of the sea, oceans, rivers and lakes in the economic growth of countries.

It recommends the use of its resources in a sustainable and integrated way.

It requires the introduction of structural economic changes based on the functioning of ecosystems.

The Angolan delegation to the event includes staff from the Ministry of Fisheries and the Sea, Environment, Transport, Economy and Planning, Energy and Water, as well as the Coordinator of the Management Committee of the Namibe Academy of Fisheries and Marine Sciences.

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