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AFRICA, ANBC, ANGOLA, ANGOLA - NIGERIA BUSINESS COUNCIL, BARRA DO DANDE FREE TRADE ZONE, BENIN, NIGER AND ECONOMIC COMMUNITY OF WEST AFRICAN STATES, DEVELOPMENT, ECOWAS, INTERNATIONAL RELATIONS, LAGOS, LOBITO REFINERY, NIGERIA, NORTH AMERICA, REGIONAL COOPERATION, REPUBLIC OF NIGERIA, UNITED STATES, WEST AFRICA
Clara Montgomery
Angola Aims to Enhance Trade Relations with Nigeria Ahead of 2025 Commission Meeting
Angola plans to enhance its trade and bilateral relations with Nigeria by convening a meeting of the Angola-Nigeria Bilateral Joint Commission in 2025. Ambassador José Bamoquina Zau emphasized historical cooperation and invited Nigerian investors to participate in various projects. Nigeria’s Foreign Minister, Yusuf Tuggar, expressed satisfaction with the relationship and reaffirmed support for Angola on its National Day.
Angola has demonstrated a strong commitment to enhancing its trade and bilateral relations with Nigeria, with plans for a significant meeting in early 2025. This meeting will convene the Angola-Nigeria Bilateral Joint Commission to review and update the legal frameworks governing political, economic, and military collaboration between the two nations. José Bamoquina Zau, the Angolan Ambassador to Nigeria, articulated this ambition during the 49th Independence Day celebrations of Angola. Zau emphasized the historical ties and cooperation developed between Angola and Nigeria over more than six decades, dating back to Angola’s pursuit of liberation and peace. In his address, Ambassador Zau extended an invitation to Nigerian investors to participate in significant projects across various sectors, including the Little Wolf Corridor, Lobito Refinery, and the New Luanda International Airport. He asserted that Angola has created a more favorable business environment through revised legislation aimed at enhancing private and foreign investments. Furthermore, he highlighted Angola’s economic diversification efforts and commitment to clean energy, all contributing to the country’s aspiration for economic growth and progress. Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Tuggar, reciprocated the sentiments, congratulating Angola on its National Day and reaffirming the solid relations shared between the two countries. Tuggar expressed Nigeria’s commitment to continue fostering amicable relations that benefit both nations and their peoples, emphasizing mutual respect and cooperation as foundational to their longstanding partnership.
The bilateral relations between Angola and Nigeria have evolved significantly since Angola gained independence from Portugal in 1975. Historically, Nigeria supported Angola during its struggle for emancipation, laying the groundwork for ongoing relations that encompass political, economic, and military cooperation. In recent years, both nations have prioritized strengthening their trade relationship, with Angola seeking investments from Nigeria in various sectors, thus promoting economic collaboration on a larger scale. This recent commitment to improve ties comes as both countries recognize the importance of partnership in achieving mutual growth and stability in the region.
In conclusion, Angola’s ambition to fortify its trade and bilateral relations with Nigeria marks a substantial step towards enhancing cooperation between the two nations. The forthcoming Angola-Nigeria Bilateral Joint Commission meeting in 2025 will be pivotal in updating existing agreements and frameworks. Both countries acknowledge the significance of their historical ties while seeking to expand economic partnerships, making a concerted effort to foster a conducive environment for investment and business development. Their mutual commitment to leverage past collaborations will undoubtedly yield beneficial outcomes for both nations and their peoples.
Original Source: www.arise.tv
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