Paris:Cooperation between Angola and China, focusing on financing mechanisms, natural resources management, and the challenges of economic diversification, was examined in France during the second day of the 9th Edition of the Paris Peace Forum.
According to Angola Press News Agency, a press release from the Embassy of Angola in France reported that during the debates, Alcides Sakala, Chair of the Committee on Foreign Affairs, International Cooperation, and Angolan Communities Abroad of the National Assembly, presented Angola's experience as a case study. This was used to reflect on the future of China-Africa relations and the challenges of South-South cooperation.
The forum also featured a discussion on the financing model used in Angola's relationship with China, wherein oil resources are used as a guarantee for loans. Alcides Sakala noted that this model raises concerns about the long-term sustainability of the partnership, resource management, and its impact on economic diversification. He suggested exploring the potential evolution of this financing model to promote sustainable development in Angola and across Africa.
The forum also addressed other global issues. During a session on oceans, participants discussed the implementation of an agreement on the conservation and sustainable use of marine biological diversity beyond national jurisdictions, emphasizing scientific cooperation and the involvement of developing countries.
The forum's agenda included discussions on conflicts' effects on global development, information integrity, mining sector investment, and the exercise of veto power in the United Nations Security Council. Angola's Ambassador to France, Guilhermina Prata, attended the meeting with the Angolan delegation, including National Assembly Members António Paulo and Alcides Sakala, along with diplomats from Angola's diplomatic mission in France. The event, themed "From Sovereignty to Cooperation," brought together political, diplomatic, and international stakeholders to discuss cooperation, sovereignty, and global governance challenges.
