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Thu, 11 Aug 2011 18:26 - Updated Thu, 11 Aug 2011 18:52

Government defends creation of tool for balanced regional integration


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Planning minister, Ana Dias Lourenço

Photo: Angop

Luanda - Angola defends the creation of tools enabling more balanced trading exchange among the countries of the Southern Africa Development Community (SADC), said Thursday the Planning minister, Ana Dias Lourenço.

The Angolan minister, who is also the chairperson of National Committee of SADC, expressed this view while speaking to the national radio station (RNA).

According to the government official, taking into account the existence of the most competitive economies than others (…) the organisation must work for the equality of the member countries in the integration process and trading exchanges.

“We must know what we want and how to achieve the final goals outlined by the organisation", said the minister, who mentioned the development of the region, creation of better conditions for people, achievement of integrated and sustained development in the
region, among the objectives of the region.

Ana Dias also spoke of the need to review and readjust the indicative programme for regional development, which she considered as one of the priorities of the Angolan presidency at SADC.

The minister noted that Angola, even when it joined the Free Trade Protocol, has presented a request for derogation set to end in 2014, but it has already submitted its tariff offer, which, in March, was analysed by experts of Executive Secretariat of SADC.

Ana Dias Lourenço believes as soon as the conditions have been created and with the approval of the Custom Tariff, expected to come in force from 2012, an adjusting work will be done, with a view to define whether there will be the need for more time of derogation.

She also recalled the Indicative Programme of Regional Development that foresaw the creation of Free Trade Zone in 2008, while the Customs Union in 2010, the Common Market (2015) and in 2018 the Single Currency.