Ver Angola


Trade between Angola and Australia budgeted at 200 million dollars

The president of the Angola-Australia Chamber of Commerce and Industry, Divaldo dos Santos, informed that trade between the two countries, in the last four years, had been budgeted at approximately 200 million dollars, with the mining domain being the highlight.

: Site da Endiama
Site da Endiama  

However, according to the president of the chamber, investment is still lower than intended, assuming a challenge for the institution, with the help of the Government, to strengthen partnerships in new fields of investment, writes Jornal de Angola.

According to the official, the mining domain dominates Australian investment, and the strategy involves the union of both countries to diversify the domains with a preferential character.

On the occasion, Divaldo dos Santos also said that after an audience with the Australian ambassador, which took place this month, a visit by a delegation of businessmen to Angola had been arranged for October, with a view to agreeing on what Australia's investment in Angola in other domains, writes Jornal de Angola.

He also considered that having an embassy in the country "would be an asset". "Having the Embassy here would be an asset, so that businessmen could circulate freely without any kind of barrier," he said, quoted by Jornal de Angola.

Three dozen companies are controlled by the chamber, with emphasis on mining. However, the official added, Australia has its sights set on agriculture, transport, aviation and health in Angola.

Divaldo dos Santos was speaking within the framework of the 1st Annual Conference of the Angola-Australia Chamber of Commerce and Industry, which took place this Tuesday, in Luanda, under the motto "The challenges of connecting companies in the region with the business ecosystem Australian".

The Secretary of State for Commerce, Amadeu Nunes, responsible for opening the conference, stressed the "importance of chambers of commerce as a tool of modern times, for strengthening economic and commercial ties between countries", according to a statement from the Endiama, which VerAngola had access to.

In his speech, the official informed that the purpose of the chamber is to support its members in establishing their businesses in Angola and the region.

"In this regard, the chamber must mediate relations in bilateral trade, when it comes to exporting, importing, seeking partners, obtaining information on the tax system and expanding the network of contacts that make new business possible", he said, quoted in the statement.

In addition, Amadeu Nunes also said that, "in the current context, the Angolan Executive has developed the program to support Production, Diversification of Exports and Substitution of Imports, and that it makes perfect sense for the chambers of commerce to involve national and foreign businessmen", reads in the statement.

Thus, he invited businessmen in Australia to bet on "the economy, commerce and industry".

"That's why we also invite Australian businessmen to invest in the economy, trade and industry, important sectors that aim to accelerate Angola's development", he pointed out.

This invitation was reinforced by António Luvualo de Carvalho, Angola's ambassador to Equatorial Guinea, who, speaking at the closing of the conference, invited businessmen from Australia to invest in Angola, considering the immense potential it has in the fields of mining, agriculture, transport and tourism, writes Angop.

According to Angop, the two countries are negotiating the initials of legal instruments that could bring dynamism to bilateral ties. According to the diplomat, it is about the general cooperation agreement, the Visa Exemption Agreement and Diplomatic Service Passports, among others.


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