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Angola participates in Spanish mining fair seeking foreign investment

Angola participates, for the first time, in the Mining Fair and Congress in Seville, Spain, whose fourth edition takes place between this Tuesday and Thursday, with the aim of attracting foreign investment, informed the national director of Mineral Resources.

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According to André Buta, Angola's participation is an opportunity for the country to disseminate geological information confirmed through the National Geological Plan (Planageo) on Angola's mineralogical potential, which had the collaboration of a Portuguese-Spanish consortium formed by the Geological Institute and Mineiro of Spain and the National Laboratory of Energy and Geology of Portugal.

"We know that the important thing is not to have the mineral resource, but to be able to exploit this same resource, so that, in fact, it can strengthen the economy and, in general, make our country economically better", said André Buta, in statements to public radio in Angola.

The official considered that attracting investors is "fundamental so that, in fact, the existing mineral resources on earth can be used in the best possible way".

"It is the first time that Angola participates, it is an international fair of great value and weight in the economy, from the mining point of view", he stressed.

Angola is represented at the IV edition of the Seville Mining Fair and Congress, in addition to the national director for Mineral Resources, by the chairman of the board of directors of the National Agency for Mineral Resources, Jacinto Rocha, and presents legal and technical information on the mining investment opportunities in Angola.

On Monday afternoon, the President of the Republic, João Lourenço, discussed the state of Angola-Spain bilateral relations, by telephone, with the President of the Spanish Government, Pedro Sánchez.

In addition to the economic plan, the two countries have maintained intense diplomatic relations, following the death, on 8 July, of former Angolan President José Eduardo dos Santos, in Barcelona, ​​and the steps taken by the Executive to hold a funeral. of State, against the will of part of their children.

The President was also in Spain in September where he made a private visit for several days.

More recently, in an interview with Jornal de Angola, on the occasion of Hispanic Day, which is celebrated on October 12, the Spanish ambassador Manuel María Lejarreta Lobo highlighted the "intense" cooperation between the two countries.

Spain was also indirectly present in the Angolan elections, held on 24 August, through Indra, the company that ensured the logistics of the process, and which was the subject of accusations by the main opposition party, UNITA, which questioned the transparency of the contest. and the suitability of the company.

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