Angola Seeks to Enhance Trade and Bilateral Relations with Nigeria by 2025
Angola aims to enhance its trade and bilateral relations with Nigeria, planning a 2025 meeting of the Angola-Nigeria Bilateral Joint Commission to update cooperation agreements. The Angolan Ambassador highlighted opportunities for Nigerian investment in several sectors and acknowledged Nigeria’s support during Angola’s independence struggles. The strong historical ties and ongoing collaboration are set to benefit both nations moving forward.
Angola has committed to enhancing its commercial and diplomatic ties with Nigeria, announcing that the year 2025 will commence with a meeting of the Angola-Nigeria Bilateral Joint Commission aimed at updating the legal frameworks governing their political, economic, and military cooperation. This declaration was made by Angola’s Ambassador to Nigeria, Jose Bamoquina Zau, during the celebrations of Angola’s 49th Independence Day in Abuja. Zau expressed gratitude to Nigeria for its historical support during Angola’s liberation struggle and invited Nigerian investors to engage in various sectors, including infrastructure and energy projects such as the Lobito Refinery, New Luanda International Airport, and the construction of a major highway. The Angola-Nigeria relationship extends over six decades, rooted in shared historical struggles and mutual interests in economic development. Currently, the two nations are focusing on increasing trade, facilitating business missions, and collaborating on energy policies within organizations like the African Petroleum Producers Organization. Angola is actively creating a conducive business climate through legislative reforms and investments in green technologies, with a goal to achieve an electricity capacity of 8 gigawatts by 2025. Furthermore, Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Tuggar, conveyed warm wishes to his Angolan counterpart on Angola’s National Day, underscoring the two countries’ commitment to reinforcing their strong diplomatic relationship for mutual benefits.
This article discusses Angola’s efforts to fortify its trade and diplomatic relations with Nigeria, highlighting key initiatives and upcoming events aimed at enhancing cooperation. It provides insights into the historical context of their partnership, the current economic landscape, and Angola’s strategic goals for the future. Angola’s Ambassador to Nigeria emphasizes the significance of this relationship while outlining specific sectors for investment that could benefit both nations. The article also notes the sentiments from Nigeria’s Foreign Affairs Minister, further illustrating the cooperative spirit between the two countries.
In conclusion, Angola’s declaration to deepen its trade relations with Nigeria through the 2025 Bilateral Joint Commission Meeting signifies a strategic commitment to strengthening cooperation across various sectors. The historical ties and ongoing collaboration in economic areas, particularly energy and infrastructure, are poised to benefit both nations. The encouragement for Nigerian investors to participate actively in Angola’s economic diversification efforts represents a significant opportunity for growth in bilateral relations, reinforcing a foundation of mutual support and development.
Original Source: www.arise.tv
