"We will continue to fight for profound reforms of the international financial architecture and its governance, through fair representation in the main global decision-making and policy-making bodies", said João Lourenço when speaking on Friday at the Summit of heads of state and Government of the Group of 77+China.
According to João Lourenço, these reforms would serve to improve developing countries' access to secure and predictable sources of financing, necessary for the urgent investment in science, technology and innovation, including communication and information technologies.
João Lourenço considered these instruments "fundamental" to face global challenges and help boost and accelerate the pace of economic diversification and transformation, as well as increase productivity and competitiveness, to achieve the objectives outlined in the 2030 agenda.
"To develop, our countries need to have access to long-term financing, with favorable repayment conditions, so that we can invest in main infrastructures such as road and rail networks, in the production and distribution of water and energy, in basic sanitation, in information and communications networks, so that we can one day realize our dream of becoming industrialized countries as well", he stressed.
The head of state also said that the unity and solidarity of the Group of 77+China on issues of common interest in international debates and forums are essential to advance the countries' legitimate development aspirations, considering the deepening of discussions between members "of great strategic importance in identifying points of common interest between developing countries".
João Lourenço said that Angola has established investing in science, technology and innovation as one of its national priorities, as a strategy to face the challenges of economic diversification and growth, increased productivity, global competitiveness and digital and energy transitions, within the scope of policies and programs aimed at improving the quality of life of Angolans.
According to the President, the science, information and communication technology sector in Angola is in a process of growth and expansion, with the "Angosat-2" communications satellite having been built and placed into orbit.