Luanda – Government of Angola and Turkey signed Monday in Luanda cooperation agreements on customs matter in the fields of agriculture, education and industry as part of the strengthening of bilateral cooperation.
The parties also signed legal instruments in the presence of the two countries’ presidents, João Lourenço (Angola) and Recep Tayyip Erdogan (Turkey), with the latter on two-day official visit to Angola.
They also signed a joint declaration providing for the establishment of the Angola/Turkey Economic and Trade Commission, with trade exchanges standing at more than USD 130 million.
The two governments signed also memorandum of understanding related to the sectors of Tourism, Trade, Industry and Technology as well as that related to the cooperation protocol between the Angola National Radio station and the Turkish Radio and TV station.
This was after the meeting between the Ministerial delegations of the two countries, held Monday at Presidential Palace.
The trade exchange between the countries stands at USD 134 million and according to the estimate it may reach billions in the coming years.
In 2020 Turkey’s investment in Angola stood at about USD 22.55 million in various sectors.
The diplomatic bilateral relationships date back to 1980.
The two countries enjoy cooperation agreements on trade, agriculture, education, culture, defense, justice and sports.
In Angola, Turkey has investments in the provinces of Luanda and Uíge with stress in the fields of industry, trade, education and civil construction.
Source: Angola Press News Agency