The Portuguese Prime Minister begins an official visit to Angola this Monday, during which a new cooperation program will be signed until 2027 and the business credit line will be strengthened to two billion euros.
Right at the first point of his two-day official visit program, at 11:00 am (the same Lisbon time), shortly after landing in Luanda, António Costa will be received by the President of Angola, João Lourenço.
On the political level, the leader of the Portuguese Executive has maintained that Portuguese-Angolan relations are “at a very high point”, while the Angolan head of state stated in a recent interview with Agência Lusa and the Expresso newspaper that relations bilateral “we were never as good as now”.
“What we need is to increase Portuguese investment in Angola and wherever possible”, defended João Lourenço.
By late morning, the governments of Lisbon and Luanda signed more than a dozen agreements.
Of this set of agreements, the Portuguese Government highlights the Strategic Cooperation Program (PEC) 2023-2027, the reinforcement of the Portugal-Angola credit line from 1,500 to 2,000 million euros and the memorandum of understanding between the port administration of Sines and the Algarve and the Development Society of Barra do Dande.
The PEC 2023-2027, according to António Costa, represents “a concrete mark of the strengthening of cooperation between two friendly countries at a very high point in Portuguese-Angolan relations”. And the reinforcement of the business credit line, from 1.5 billion euros to two billion euros, will serve to “respond to President João Lourenço’s ambition for Portugal to contribute to the diversification of the Angolan economy”.
In Luanda, the leader of the Portuguese Executive will be accompanied by the ministers of Finance, Fernando Medina, of Foreign Affairs, João Gomes Cravinho, of Economy, António Costa Silva, of Agriculture, Maria do Céu Antunes, and by the Secretary of State for Affairs Exteriors, Francis Andre.
In economic matters, the Portuguese side is committed to new areas of investment and cooperation such as water and energy, engineering and construction, agribusiness, tourism, the pharmaceutical industry, education or textiles.
This afternoon, after having lunch with João Lourenço, the Prime Minister visits companies in the Viana industrial estate and ends the day at a reception with businessmen present in the Angolan market.
Source: TSF
