Luanda - A memorandum of cooperation between the Chambers of Commerce and Industry of Angola and Qatar was signed Saturday in Doha, with a view to strengthening business relations between the two countries.
The memorandum was signed by the president and vice-president of the Chambers of Angola, Vicente Soares, and Qatar, Rashid Bin Hamad Al Athba, in the presence of the Angolan ambassador to Qatar, António Coelho Ramos da Cruz.
According to a press release from the Angolan Embassy in Qatar sent to ANGOP, the commitment now made represents an important step towards the promotion of more robust business ties, facilitating the exchange of information and, fundamentally, the operationalization of the Angola-Qatar Business Council.
According to the document, on the occasion, the president of the Angolan Chamber of Commerce and Industry highlighted that the memorandum is a vehicle for building sustainable partnerships, which will benefit the diversification of the Angolan economy, boosting business relations between the two countries.
The official said he believed that strengthening trade ties between Angola and Qatar would open up new opportunities and advance mutual economic development, so he took the opportunity to invite the country's business class to visit Angola.
For his part, the vice president of the Qatar Chamber of Commerce and Industry reiterated his country's willingness to work with Angola, emphasizing that the two nations have great potential to expand their trade and investment relations, despite the volume of business falling far short of the existing potential.
He encouraged Qatari companies to travel to Angola to take advantage of investment opportunities, expressing interest in sending a delegation of about 50 businesspeople under the memorandum, and only the counterpart institution should create the necessary conditions for this purpose.
He said that the signing of the memorandum promotes a more conducive environment for investments and trade partnerships, in which both countries are committed to fostering a favorable and attractive business climate for investors.
He said that in the document both countries share the vision of diversifying their economies and strengthening cooperation in strategic sectors such as mineral resources, infrastructure, tourism, agriculture, industry and trade. SJ/AJQ/DOJ
