Africa-Press – Angola. The governments of Angola and Japan sign this Wednesday, in Luanda, an agreement for the reciprocal liberalization, promotion and protection of investments.
The agreement, witnessed by the President of the Republic, João Lourenço, and by the Japanese Minister of Economy, Trade and Industry, Nishimura Yasutoshi, was signed by the Angolan Minister of Foreign Affairs, Téte António, and by the Japanese ambassador to Angola, Suzuki Toru.
The signing ceremony of the agreement was preceded by an audience that the Head of Executive Power granted to the Japanese minister who is on a three-day visit to Angola.
The Japanese official declared, on the occasion, that the agreement follows the state visit that President João Lourenço made to Japan in March this year.
Nishimura Yasutoshi, who is accompanied by 26 businessmen from various fields, said that there was already remarkable cooperation in the areas of infrastructure, with emphasis on the port of Namibe and staff training.
He said he hoped that the agreement would actually stimulate Japanese investment in Angola, with a view to Angola’s economic diversification.
The Minister of Foreign Affairs, Téte António, declared that it took about ten years of negotiations to sign the agreement for the promotion and reciprocal protection of investments.
He stated that the visit of the Angolan President to Japan fostered a climate of trust among Japanese authorities and business circles.
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