Angop
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11h58 Luanda â Angolan minister of Commerce and Industry Victor Fernandes and the Indian ambassador to Angola, Pratibha Parkar, discussed on Tuesday in Luanda the partnership agreements between the two countries in the trade and industrial areas.
The two officials reviewed the protocols signed in the fields of diamonds, oil, agriculture, information technology, health, food industry and food security.
The minister of Commerce and Industry, Victor Fernandes, praised the meeting, stressing that it will help strengthen relations between Angola and India in the two sectors he heads.
He explained that Angola has improved its business environment, especially in the sectors of manufacturing and food, in health and technology.
Angola/India - Trade Reaches Usd 4 Billion Between 2019 and 2020 allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
Angop
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13h52 Luanda â Trade between Angola and India has reached Usd 4 billion from 2019 to 2020, with a positive balance for the latter, Angop learned recently in Luanda.
The information was released by the Indian ambassador to Angola, Pratibha Parkar, during a fraternisation lunch at her official residence.
According to the diplomat, New Dheli imported from Angola crude oil worth Usd 3.7 million and exported to the African nation goods to the amount of Usd 0.3 billion.
She said Angola is Indiaâs second major crude oil supplier, sharing with it 10 percent ot its external trade.
Early in December, Pratibha Parkar was quoted in a note from Indiaâs Gem Jewellery Export Promotion Council (GJEPC) as saying that Angola was open to direct foreign investment from Indian companies, seeking to help develop the countryâs mining potential.
Angola Invites India to Invest in Diamond Mining and Processing allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.