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British Government wants to cooperate with Angola in financial sector

Luanda, ANGOLA, April 13 - The British government is interested in cooperating with Angola in the various fields, with great emphasis on the financial sector, said Friday in Luanda, the minister for Africa in the British Ministry of Foreign Affairs, Harriett Baldwin.,

The interest was expressed at the end of a meeting with his Angolan counterpart, Manuel Domingos Augusto, highlighting the experience of Great Britain in this area.

The diplomat, who considered the meeting to be useful, explained that it was still the intention of the British Government to work with the country on the program of economic diversification, as well as to deepen and strengthen the cooperation relations in the various sectors between the two countries.

On the other hand, the Foreign Minister Manuel Domingos Augusto considered bilateral relations to be excellent, being also a country with economic interests in Angola in the oil and non-oil sector.

He also said that the President of the Republic, João Lourenço, will soon be able to visit the United Kingdom, a country with which Angola has an interest in cooperating in the financial sector, considering that London is one of the largest financial centers in the world.

On the other hand, he thanked the British government for the support given to Angola in the recovery of the USD 500 million that were transferred illicitly and that now they have returned to the coffers of Angola.

The cooperation relations between Angola and the United Kingdom are based on the General Cooperation Agreement initialed in 1986. Since then other legal instruments have been initialed.

To support the development of cooperation, on 25 November 2015, the Angolan and UK Chamber of Commerce was launched in Luanda, aimed to increase trade between the two countries and providing a business environment conducive to the establishment of win-win partnerships.