Africa Angola Cooperation Diplomacy Export FDI Import Industry and Commerce Investing Trade

Angola wants to boost cooperation with Turkey

The Secretary of State for Trade, Amadeu Leitão Nunes, Monday in Luanda said that trade between Angola and Turkey was still “incipient”, despite the economic potential in both countries.

Speaking at the Angola – Turkey Business Forum, held via videoconference, in partnership with the Foreign Economic Relations Council of that European country, the government official suggested further actions to substantially increase turnover.

Angola exports unspecified quantities of charcoal and other products, such as wood, mineral fuels, woodwork and steel, to Turkey each year as part of trade relations between both countries.

Also read: Africa and Turkey seek stronger post-pandemic partnership

According to Amadeu Leitão Nunes, Angola imports foodstuff, malt, starches, boiler wheat gluten, machinery, appliances, mechanised instruments, plaster, lime, cement and products from the milling industry.

In his opinion, Angola has other assets to offer that country, such as natural resources, extensive areas of fertile soil, powerful sources of water energy, political stability, as well as a network of transport and logistics infrastructures.

“I am convinced that at least 60% of Turkish businesspeople will be travelling to Angola as of January, in order to claim their right to contribute to the development and well-being of our peoples and country,” said Amadeu Leitão Nunes.

Source: Angop

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: