Ver Angola


Governments of Angola and Japan sign reciprocal investment protection agreement

The governments of Angola and Japan signed this Wednesday, in Luanda, the agreement for the liberalization, promotion and reciprocal protection of investments, whose negotiations had been going on for almost 10 years, informed the head of Angolan diplomacy.

: Facebook da Presidência da República - Angola
Facebook da Presidência da República - Angola  

The agreement was signed as part of the three-day visit that the Japanese Minister of Economy, Trade and Industry, Nishimura Yasutoshi, is making to Angola.

The Japanese official, who is accompanied by a delegation comprising 26 businessmen from various sectors, was received by the President of the Republic, João Lourenço.

Speaking to the media, the Japanese minister underlined that this agreement was signed following the visit that the Angolan head of state made to the Japanese country in March this year, stressing that there is remarkable cooperation between the two countries in the areas of infrastructure, namely the port of Namibe and staff training.

Nishimura Yasutoshi said he hoped that the agreement would actually stimulate Japanese investment in the African country, for its objective of diversifying the economy.

In turn, the Minister of Foreign Affairs, Téte António, highlighted that João Lourenço's visit to Japan fostered a climate of trust with the Japanese authorities and business circles.


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