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Angola and China will sign investment protection agreement

Luanda, Sep 25 (Prensa Latina) The Governments of Angola and China are preparing an agreement for Reciprocal Protection of Investments, the signing of which should occur soon, according to the Minister of State for Economic Coordination, José de Lima Massano.

The Minister explained that authorities from the two countries have already agreed on de deal and are currently working, through diplomatic channels, on the date and place for the signing ceremony of the cooperation instrument.

José de Lima Massano addressed the issue recently at a working visit to the headquarters of the Angola-Chinese Chamber of Commerce and the seats of four Angolan companies with Chinese capital: Niodior Group, Real Mirablis Comércio General, African Sunrise Investment Group and Grupo H&S.

After the tour, the minister acknowledged the efforts of those who continue to invest in Angola despite the economic complexities, and noted that the purpose of the contacts was to understand the difficulties that companies face to pave the way for their performance.

We expect that investments continue in our country, he said, and thanked Chinese business people for believing in Angola.


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