Africa-Press – Angola. The President of the Republic, João Lourenço, foresees better days for Japanese investments in Angola, within the framework of the signing, soon, of the Reciprocal Investment Protection Agreement.
Speaking this Monday, to the press, in Tokyo (Japan), after a meeting with the Prime Minister of that country, Fumio Kishida, the Angolan Head of State said that both Governments are willing to sign the agreement.
He informed that the parties have been working to finalize the document. João Lourenço was hopeful that private investment, in both directions, will gain new impetus, when the agreement is in force.
The Angolan President referred, on the occasion, that the level of private investment by Japan in Angola is still not the desired level, but he expects it to grow “substantially”.
As for the cooperation relations between the two countries, he recalled that Angola has benefited from important financing from Japan, above all, for the construction of public infrastructures, with a focus on the development of the economy.
Russia-Ukraine conflict
During his speech, João Lourenço, who was flanked by the Japanese Prime Minister, Fumio Kishida, once again appealed for an end to the conflict between Russia and Ukraine that has lasted for a year.
“It is a war with an international dimension that is causing a food and energy crisis, affecting everyone,” he said.
The Angolan Head of State said that it was the duty of the entire international community to do everything to achieve an immediate end to the war between Russia and Ukraine.
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