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FM: Russian companies have considerable interest in Angolan market

Speaking at a joint news conference following talks with Minister of External Relations of Angola Manuel Domingos Augusto in Moscow, Russian Foreign Minister Sergey Lavrov summarized the results of the talks, Foreign Ministry’s website reports.

According to Lavrov, bilateral “trade and economic ties are growing ever stronger, which meets mutual desire to advance our business partnership even further. We are preparing to implement several mutually beneficial industrial and mining projects, especially in diamond mining, as well as in the sphere of power generation, fishing, transport, agribusiness, space communications, finance and lending, plus military and technical cooperation. We have decided that the next meeting of the Russian-Angolan Intergovernmental Committee on Military and Technical Cooperation will be held in the latter half of the year to confirm our movement towards this goal.”

“Economically-wise, Russian companies have shown considerable interest in the broad and promising Angolan market,” FM pointed out. “We have agreed to continue to help establish direct contacts between our business communities, including at the level of the Intergovernmental Commission on Economic, Scientific and Technological Cooperation and Trade. The Russian-Angolan Business Council, which was established in March of this year, will be instrumental in this. The list of side events of the Russia-Africa Summit, which is scheduled to be held in Sochi on October 23−24, includes a meeting between the co-chairs of the Intergovernmental Commission and a dialogue between the Russian and Angolan companies that are working together within the framework of our plans for deepening our economic cooperation.”

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