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Angola: FIL2008 - Angola/Spain Economic Transactions Surpass 400 Million Euros


Angola Press Agency (Luanda)
 

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Angola Press Agency (Luanda)

20 July 2008
Posted to the web 21 July 2008

Luanda

Angola's exports for Spain reached 441.2 million euros in 2007, while in the same period the importations from Spain to Angola amounted at 164 million euros.

The information was given to ANGOP at Luanda International Fair (FIL2008), by the Spanish commercial attaché in Angola, Ernesto Giménez-Burgos.

According to him, in this commercial relationship between both states, his country imported oil, fish and black granite, while Angola imported industrial mechanical instruments, vehicles and electric material.

Ernesto Giménez-Burgos referred also that in the first semester of 2008 there was an increment in Spanish export to Angola, amounted at 82, 4 percent and an increase of 152,6% in exportations from Angola to Spain.

The source added that besides this commercial exchange, Spain granted a credit of 200 million euros to Angola this year.

Gimenez-Burgos made a positive assessment of FIL/2008, compared to last year and due to the fact that companies of his country got many contacts, as well as witnessing good presence of people.

Spain participates in the 25th edition of this trade fair, happening until this Sunday, with 17 companies in the Agriculture and industrial sectors.

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The event counts on the participation of 550 companies, among national and foreign ones, from countries like Botswana, Zimbabwe, Egypt, Brazil, Portugal, Pakistan, Spain, Germany, China, Singapore and Turkey, among others.



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