21 February 2014

Angola: CPLP Finance Ministers Discuss Global Crisis

Finance ministers of the Portuguese Speaking Countries Community ( CPLP meet Friday in Maputo, Mozambique, to discuss the global financial crisis and sustainable management of natural resources in bid to boost trade relations.

The meeting is addressing two official themes: " Global Financial Crisis : Private and Public Investment Options for Promoting Economic Growth in CPLP 'and' Sustainable Management of Natural Resources, its impact on State revenue. "

According to the director general of CPLP, Georgina Mello, the Friday meeting is intended to improve communication among countries , which is often one of the barriers to making good business among the eight Portuguese Speaking countries.

The official defended communication between the country in demand and another in supply.

The new director - general of the CPLP, who advocates a more economic aspect to this countries community that share the same language, defended the creation of " a set of mechanisms to support the intentions of the States.

According to her, one of her tasks is precisely " create mechanisms to facilitate the creation of proposals that give body and consistency to a still tenuous economic fabric, but that already exists. "

Regarded as single country, the CPLP members worth about 2.5 billion dollars.

Of this amount, Brazil contributes almost with 90 % ( responsible for 4 % of global GDP), representing more than 250 million people scattered through four continents, in addition to occupying the 5th place in the ranking of the countries that share the same official language.

According to official data, Portugal tops the list of the major exporting countries to any of the other members of the CPLP.

As example in its trade with Angola the European country managed

nearly 4 billion dollars of exports, which totalled over 2. 3 billion of imports , making it the most voluminous within the CPLP relationship.

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