ANGOLA PROPOSES CREATION OF INVESTMENT BANK AMONG CPLP

Luanda – Angolan head of State launched Saturday the challenge of creating an investment bank for the community of Portuguese Speaking Countries (CPLP).

This was during the Conference of the Head of States and Government of the Community of Portuguese Speaking Countries (CPLP), held in Luanda.

In his closing speech, João Lourenço stressed the need to promote the production to meet the needs and expectations of the community, despite the crisis caused by Covid-19 and which negatively impacts on the economy, circulation of people and forced the closing of borders.

Also acting president of CPLP, João Lourenço backed speedup and creative ways to enhance the potential of the economic sectors of the community countries throughout the promotion of the national production and exports.

He also spoke of the need to make more attractive the economy of the CPLC countries by exploring its complementary as well as increasing the trade exchange and investments that generate job and bring common advantage benefits.

He said the creation of a potential bank is in line with the intention to include a new economic and business pillar, one of the priorities of the Angolan CPLP presidency

The Head of State highlighted that the countries of the community has a great industrial, agriculture and livestock, fishing and touristic potential, many still to explore which deserves the attention to be transformed into real wealth.

João Lourenço reaffirmed the commitment to defence of the democracy, human rights, security and stability of the CPLP.

Source: Angola Press News Agency