Africa-Press – Angola. The Portuguese bank Caixa Geral de Depósitos (CGD) will finance the rehabilitation of roads in the provinces of Cabinda, Moxico and Zaire, as part of the reinforcement of cooperation between the Governments of Angola and Portugal.
These are works projects for the rehabilitation of national road 250, on the Lumeje-Cameia-Lucano section (Moxico), on the Cacongo –Miconje axis (Cabinda) and the completion and repair of the Nzeto-Soyo motorway (Zaire).
The financing contracts for the referred works were initialed this Monday between the Minister of Finance of Angola, Vera Daves, the chairman of the Executive Committee of Banco Caixa Geral de Depósitos, Paulo José Semedo, and the Portuguese prosecutor, João Manuel de Castro Placido Pires.
The signatures of the legal documents, a total of 13, were witnessed by the President of the Republic of Angola, João Lourenço, and by the Prime Minister of Portugal, António Costa, who is visiting the country for the second time, after 2018.
As part of this official visit by António Costa, at the invitation of President João Lourenço, the addition to the Convention between Angola and Portugal, relating to the coverage of credit risks for the export of goods and services of Portuguese origin to Angola, was also initialed, a signed document between Vera Daves and her Portuguese counterpart, Fernando Medina.
Prior to this agreement, the 2023-2027 Strategic Cooperation Program was signed between the ministers of Foreign Affairs of Angola, António Tete, and of Foreign Affairs of Portugal, João Gomes Cravinho.
The two countries also agreed to cooperate in matters of the sea, in the bilateral technical field of telecommunications, in the use, by Angola, of the license of the Portuguese version of European standards, among other memorandums of understanding, in the scope of training, laboratory support, exchange of information and sharing of good practices between the national authorities of Economic Inspection of Angola (ANIESA) and of Food and Economic Security of Portugal (ASAE).
On the same occasion, ASAE also signed a cooperation protocol with the Criminal Investigation Service (SIC).
Angola and Portugal established diplomatic relations on March 9, 1976.
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