Ver Angola


Angola and DRCongo study importing surplus energy

Angola and the Democratic Republic of Congo agreed this Tuesday, at the end of the second Economic Forum, to study mechanisms to compensate for the energy deficit in the internal market and import any surplus from these two neighboring African countries.

: Um dos painéis do fórum económico (foto: Facebook Ministério da Economia e Planeamento)
Um dos painéis do fórum económico (foto: Facebook Ministério da Economia e Planeamento)  

"Develop cooperation/partnership in the fields of agriculture and livestock, fisheries, industry, commerce and renewable energies, such as Grand Inga and energy projects developed by private operators, and cooperate in the policy of decarbonizing economies, considering mechanisms to compensate for energy deficits in the internal market, at the time of the energy transition, by importing the surplus from one of the two countries", reads the note reporting the decisions made by the Forum.

The 2nd Angola DRC Economic Forum, with the theme 'Economic Partnerships for Mutual Growth', took place from Monday until this Tuesday in Luanda, following the first meeting, in Kinshasa, bringing together leaders from border provinces and entities state-owned companies, as well as economic operators from both countries.

"The objective of this meeting was to evaluate the recommendations that emerged during the first Forum held in Kinshasa between the 31st of July and the 1st of August, and to reinforce the commitment of both parties to improving the business environment and maintaining the environment of opportunities between two brotherly and friendly countries, necessary conditions for building a strategic and mutually beneficial partnership", reads the statement sent to Lusa.

In the document that also reports on the conclusions, it is noted that "the discussions focused on evaluating the opportunities and mutual advantages of establishing new partnerships with a view to strengthening trade, cross-investment, synergies and complementarities between the two economies, infrastructure cross-border structures and development of trade in services".

Among the areas presented are the free movement of people, goods, services and capital, the carrying out of joint inspection and control operations at common borders, the simplification of administrative procedures on double taxation and the development of cross-border infrastructures, among others.

The two countries also decided to create a Joint Committee during the first half of 2024 and agreed that the next editions of the forums will be held every two years, with rotation in location.


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