Angola engaged in SADC regional integration process

     Economy           
  • Luanda     Thursday, 22 July De 2021    14h27  
Milton Reis, Secretário de Estado para o Planeamento
Milton Reis, Secretário de Estado para o Planeamento
Clemente dos Santos

Luanda - Angola is involved in the process of regional integration of the Southern African Development Community (SADC) and the African Union, the Secretary of State for Planning, Milton Reis said today in Luanda.

Speaking at the usual briefing of the Ministry of Economy and Planning (MEP), he noted that, for that process, the government was also working with the European Union (EU), in the process of joining the EU-SADC Economic Partnership Agreement, with the aim of promoting harmonious and progressive regional integration, as well as encouraging the liberalisation of trade.

He explained that the EU-SADC economic partnership is a free trade agreement, signed in 2016, for the gradual removal of trade restrictions between the European Union (EU) and six (6) Southern African Development Community countries, of which five (5) are part of the Southern African Customs Union (South Africa, Botswana, Eswatini, Lesotho and Namibia) and Mozambique.

The official said that the MEP took part, on 21 of this month, in the workshop on "Evaluating the impact of Angola's accession to the EU-SADC Economic Partnership Agreement.

He explained that the event aimed to assess the potential impacts of Angola's accession on trade, the economy, social, labour and environmental issues, and the fact that the agreement could boost investment, business competitiveness and diversification of the economy in Angola.

 

 





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