22 November 2012

Angola: Possibilities of Economic Cooperation Less Explored - Russian Ambassador

Luanda — The possibilities of economic cooperation between Angola and Russia are poorly explored, lamented today in Luanda, the ambassador of the European country, Serguey Nenáchev.

The diplomat said so to the press, after an audience with the speaker of the National Assembly, Fernando da Piedade Dias dos Santos, who bid farewell, at the end of his five-year mission in Angola.

He said the turnover between the two countries is estimated at five billion kwanza, as he considered it "very low", adding that it is necessary to work to increase trade.

He expressed his belief that the existing line of credit valued at one hundred billion kwanza (possible increase to three hundred billion kwanza) may constitute a financial base to boost cooperation in the economic field.

Despite this, he said that his mission in Angola was positive, with the highest moment the country visit of the President of Russia, Dmitri Medvedev, in 2009.

He also pointed out elevation relationship in the field of military training and cultural frameworks as positive results of his mission.

Serguey Nenáchev said another goal of the audience was to invite the speaker of the National Assembly to make a working visit to Russia.

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