China-Africa: Co-operation between Macau, Angola gets strong
Angola Chamber of Commerce and Industry head António dos Santos and Association of Macau Small and Medium Enterprises head Stanley Au signed a co-operation protocol on Friday.
At the end of the ceremony Dos Santos said his group was taking one more step to work closely with their counterparts in developing trade and business.
Dos Santos added that most companies are small- to medium-sized in Macau, so the agreement represents another way to meet the current needs of Angolan entrepreneurs seeking to enter international markets.
The Chinese government donated five million yuan to Angola. Vice minister of Trade Jiang Zengwei said the authorities were satisfied with the co-operation established with Angola and the active role of Chinese companies reconstructing the country.
Despite the global financial crisis, he stressed the need to invest more efforts in both countries so obstacles could be “overcome” as they arise.
He added that the visit head of state José Eduardo dos Santos made to China last year contributed to further strengthening the friendship ties between the two countries.
Jiang also considered the conclusion of the agreement of reciprocal protection of investments signed earlier between both countries important, he said.
Funds were formally delivered on Friday through the signing of confirmation letters between Jiang and Angolan deputy foreign minister Exalgina Gamboa at the end of the China-Angola Intergovernmental Bilateral Commission in Luanda.
The Angolan vice minister said the government continues to honour its commitments and is committed to continuing program reforms, while calling for greater rigour in managing public expenses.
(macaudailytimesnews.com)
Tags: Angola