Luanda: The Minister of Industry and Commerce, Rui de Oliveira, reaffirmed on Wednesday the Angolan government's aim to integrate the global economy through the strengthening of instruments for productive and commercial development. The minister made the statement at the opening of the institution's sixth Consultative Council, emphasizing that the government has been working to improve trade policy, organize markets, logistics, formalize economic agents, ensure supply, and expand access to domestic, regional, and international markets, to ensure its integration into the global economy.
According to Angola Press News Agency, the minister added that despite the challenges, Angola has recorded considerable growth in revenue from exports, which encourages the government to continue with the ongoing economic reforms. He cited data from the General Tax Administration (AGT), which shows that in 2025, the country's exports amounted to approximately 31.7 billion US dollars, of which about 95% came from crude oil, while imports totaled approximately 16.8 billion US dollars, resulting in a positive trade balance for the period under analysis.
The minister said the results demonstrate the country's ability to maintain a favorable external position, while encouraging the Executive to accelerate the diversification of the export portfolio, increase the weight of non-oil exports, strengthen the competitiveness of national production, and transform regional markets into concrete opportunities for producers, manufacturers, and traders. He defended the need to expand border control and management, making them formal to enable the country's exports to translate into foreign exchange earnings and, at the same time, serve as a decisive factor for Angola's integration into the regional and global economy.
He stressed that the current geopolitical moment, marked by several conflicts, requires a constant assessment of the need to ensure that Angola is self-sufficient, capable of producing what it consumes in its essentials, and to take advantage of the opportunities that are being created by disruptions in international logistics chains, the relocation of companies, and the revaluation of factories. "This is a unique opportunity that Angola has, and we, the Executive, must assert ourselves in this international geopolitical process as another participant and not as a passive spectator," the minister said.
The minister underscored that the country will continue to promote policies aimed at integrating production, processing, logistics, marketing, as well as appropriate financial instruments, so that there is a single economic development strategy that can be implemented with clarity and sustainability. The two-day Advisory Council brings together government officials, business leaders, institutional partners, and experts from various sectors of the economy.
