Chamber of Commerce defends economic partnership between Angola and USA

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Chamber of Commerce defends economic partnership between Angola and USA
Chamber of Commerce defends economic partnership between Angola and USA

Africa-Press – Angola. The president of the American Chamber of Commerce in Angola, Pedro Godinho Domingos, defended last Friday, in Luanda, the establishment of a strategic economic and commercial partnership with the United States of America that will help to leverage the diversification of national production.

According to Pedro Godinho, a strategic partnership with the US, essentially economic and commercial, could contribute to attracting direct investment and ensuring the transfer of technology to Angola.

On the sidelines of the commemorative ceremony of the 30th anniversary of the establishment of official relations with Angola, the official stated that it was thanks to such partnerships that countries like Japan, South Korea and Israel developed.

He expressed concern about the fact that trade between Angola and the US has fallen from about 20.9 billion in 2008 to the current 2.3 billion, due to the fact that the Americans have increased their domestic production of crude oil.

Pedro Godinho considered it “urgent to start working on attracting direct investment.

He informed that his organization established a partnership with American companies operating in Angola, to take charge of attracting investment to Angola in the areas of infrastructure, agriculture, health, digital economy, finance and culture and education.

The then US President, Bill Clinton, formally recognized on May 19, 1993, the government of Angola, a country independent from the Portuguese colonial yoke since November 11, 1975.

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