Transports minister highlights co-operation with China

     Economy           
  • Luanda     Thursday, 17 December De 2020    22h45  
Baixa da cidade de Luanda
Baixa da cidade de Luanda
Tarcísio Vilela

Luanda – Transports minister Ricardo Viegas D’Abreu, last Thursday commended the country’s partnership with China in various domains, with emphasis on the economic sector.

He explained that the partnership reached such a point that the Asian country is “the first destination of Angolan exports and the second main importer (of Angola’s products), besides being the chief international creditor due to the support it gives to the public investments programme of Angola (…)”.

   

Data show that between 2002 and 2018, China granted Angola 256 loans amounting to a total of USD 43.2 billion.

 

Ricardo D'Abreu, who represented Angola in the online conference on Economic and Commercial Co-operation China-Africa 2020, reiterated that the Asian country has always played a relevant role in the Angolan co-operation framework.

 

The minister then highlighted the country’s need for continuous investments in infrastructures, so that it can achieve the goals outlined in the African Union Charter in relation to the continental free trade agreement.

  

“It is time to find a very integrated and co-ordinated approach, based on a perspective of sharing risks, enabling the private sector and the business community to support the governmental efforts towards achieving a sustainable economic growth”, defended the minister.   

 

He invited the business community that participated in the meeting to invest in Angola, thus outlining the facilities and advantages the African country has for private and foreign investment.





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