Ver Angola

Trade

Country will start importing bulk products from the basic basket

The government announced this Wednesday that it will start importing products from the basic basket in bulk, in the amount of 70 to 100 million dollars a month, instead of purchasing them already packaged, in order to "save foreign exchange" and support the local economy. .

Teresa Pinho:

The information was advanced by the national director of Foreign Trade, Augusta Fortes, referring that the importation of 15 products from the basic basket in bulk, starting next June, will "save foreign exchange and create more wealth" for the country.

"The country spends 70 to 100 million dollars a month on importing packaged basic products, so if we look at this final product incorporated into the packaging, then it is a business opportunity for companies," said the official.

For Augusta Fortes, who spoke at the presentation ceremony of the new rules on the import of pre-packaged products, with this measure the country will also "boost the processing and packaging industry" as well as "create more direct and indirect jobs".

Executive Decree No. 63/21 of 17 March establishes new rules on the import of pre-packaged basic basket products, which will be mandatorily made in "big bags" (large packages) for the accommodation of bulk products.

The document officially presented this Wednesday, in Luanda, to the operators of the sector, businessmen, academics and journalists, determines that from the 17th of June next 15 products of the basic basket will be imported in large packages.

Augusta Fortes said that the use of big bags will become the rule for the import of sugar, rice, wheat and corn flour, beans, powdered milk, edible oil, animal feed, coarse and refined salt, wheat semolina, pork and beef, margarine and soap.

The legal diploma, distributed at the meeting, also provides for import exceptions in small packages, from 1 to 5 kilograms, of rice, wheat and corn flour, beans, sugar, powdered milk, cooking oil and salt.

In the case of importing canned fruits or vegetables, powdered detergents and tomato paste, noted the official, bulk imports "are mandatory from 2022 onwards".

The measure, assured the national director of Foreign Trade, "is in line" with the assumptions of the World Trade Organization (WTO).

The General Tax Administration, the Fiscal Police and the National Authority for Economic Inspection and Food Security in Angola are the bodies responsible for monitoring compliance with the provisions contained in the executive decree.

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