Milan — Italy/Angola Economic Forum started Monday morning in Milan, Italy, aimed at attracting foreign investors in view of Angolan Government's programme aimed at economic diversification.
The event is sponsored by the Private Investment and Export Promotion Agency (AIPEX) and the Angola-Italy Chamber of Commerce and Industry (CCIAI).
In his opening ceremony address, Mario Cabrini, Deputy Chairman of CCIAI, highlighted the advantages for the foreign investor in Angola.
He stressed the role of the Forum in strengthening economic ties between the two nations.
In turn, the Secretary of State for International Cooperation and Communities of Angola, Domingos Vieira Lopes, highlighted the importance of the event on promotion of a perspective that develops the diversification of the economy."
He reaffirmed the historical relations between the countries and recalled that the first bilateral agreement between Angola and Italy was signed in 1977.
Italy was the first country to recognise Angola as an independent country in 1976.
Both countries live in a period prone to new business. Angola is now Italy's third largest trading partner among Sub-Saharan African countries.
In 2013 the total value of trade between the countries was 891 million Euros.
Francesco Florio, a representative of Legance associate lawyers, who hosted the event in partnership with CCIAI, said he hoped "this will be an opportunity for development and investment in business relations between companies in both countries."
The event gathers around 50 representatives of Angolan companies and 70 Italian companies, including Fiat, ENI giants.
Read the original article on ANGOP.
AllAfrica publishes around 600 reports a day from more than 150 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.
Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.
AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 600 news and information items daily from over 150 African news organizations and our own reporters to an African and global public. We operate from Cape Town, Dakar, Abuja, Monrovia, Nairobi and Washington DC.