Angola has disclosed plans to commence a strategic partnership with Brazil to prioritize agro-industry and military security.
Brazil’s Minister of Foreign Affairs Carlos Alberto Franco França spoke of the opportunities that the crisis in Europe can generate in the partnership between the two countries on his visit to Angola.
“The grain productivity in Brazil is far superior to that of countries such as the United States, for example, and so that we can grow together with Africa, we would start with Angola and apply these conditions that allowed Brazil to expand agricultural production,” he said
According Franco França Brazi desires to investment over 1.7 billion euros in the areas of military security, pharmaceuticals, construction, and agribusiness adding that Angola should open its borders more to the new Brazilian entrepreneurs who want to invest in different sectors,
Also, Carlos Rosado de Carvalho who is an economist believes that the visit of the head of Brazil’s diplomacy comes at a time when that country’s investment in Angola is almost non-existent.
“since August 2008 until now AIPEX, which is the body for attracting foreign investment and promoting exports, has registered two Brazilian investments worth 108 thousand,” said Carlos.
Brazil is the first country in the world to recognize Angola’s independence, signed the cooperation agreement on family farming development in irrigated areas.