Africa-Press – Angola. The Food Strategy Reserve (REA) expects to acquire 540,000 metric tons of national product this year at a fixed price, announced in Luanda, the chairman of the Board of Directors (PCA) of the Angolan Bonded Warehouse, Eduardo Machado.
Speaking to the press, on the sidelines of the 1st National Industry and Commerce Forum, under the motto “The Challenges of Food Self-sufficiency”, the PCA explained that the Food Strategy Reserve (REA), an initiative that aims to regulate the market and influence drop in prices of essential food products in the basic basket, will seek to acquire the 540 thousand tons to transform part of the offer in terms of consumption for that year.
The REA coordinator also recalled that in 2022 the reserve injected 775,000 metric tons of products into the market, 40,000 of which were domestically produced maize.
According to the official, the productive sector is improving and it has already been achieved, “with regard to maize, to meet the need of the reserve with national production. Let’s talk about processing, which is the industrial part, then commerce, which is the part that has to do with food self-sufficiency, and the function of the reserve is to regulate and stabilize the price”.
The 1st National Industry and Commerce Forum, under the motto “The Challenges of Food Self-sufficiency”, presents a vision of the different players in the sector, analyzing the various challenges and opportunities that the country presents for the development of the food industry and commerce.
The event brings together public and private sectors that debate issues related to the role of the Industry and Commerce sector, within the scope of the Strategic Plans drawn up by the Executive, with regard to the theme of grains, livestock and marine resources
The reach of food self-sufficiency that allows to depend less and less on imports and makes it possible to increase and diversify product exports, in alignment with PRODESI, are among others the themes under analysis.
The event serves to collect some contributions from the different “players” in society to enrich the Development Plan of the Industry and Commerce sector and create bases for the operationalization of the National Council of Industry and Commerce, defined as the Ministry’s multisectoral consultation body.
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