The governments of Portugal and Angola are going to sign several cooperation agreements to improve the business environment between both countries during Portugal’s president’s visit to Angola’s capital Luanda in March, according to an announcement made on Wednesday by Portugal’s secretary of state for the economy.
João Neves, who is currently in Luanda for a two-day working visit, explained that the agreements will enable the simplification of Angola’s current regulatory framework, opening doors for an improved business environment.
Neves, who was speaking to journalists in Luanda at the end of the second meeting of the Observatory of Investments Portugal-Angola and Angola-Portugal, which his Angolan counterpart, Sérgio Sousa Santos, also took part in, highlighted the “enormous ability of dialogue” between the authorities of both countries in the framework of a new “cycle of economic relations” which he said was in the interest of both countries.
Neves said these relations were very important for the economic development of both countries and that both Angola and Portugal were working towards a regulatory framework that will make Portuguese investment in Angola easier.
Regarding the date of the signing of the protocols, he said it could happen following Portuguese president Marcelo Rebelo de Sousa’s visit to Angola from 5 to 9 March.
Angola is “open to the world” and not just to Portugal, bearing in mind the economic diplomacy initiated by President João Lourenço in 2017 and 2018, he added.
