Foreign Minister of Angola Tete Antonio recently paid a visit to China at the invitation of his counterpart, Wang Yi. At their meeting, Wang Yi said that under the strategic guidance of the two heads of state, China-Angola relations have maintained a strong momentum of development with fruitful results in practical cooperation, which has brought tangible benefits to the two peoples, provided an important boost to Angola’s development and set an example for South-South cooperation.
China is willing to share with Angola its experience of development as well as opportunities in the Chinese market, expand practical cooperation on infrastructure, digital economy, clean energy, health care and food security, deepen people-to-people exchanges, and consolidate the popular foundation of China-Angola friendship, he added.
In a meeting with Commerce Minister Wang Wentao, the two countries also signed an agreement to facilitate and protect bilateral investment. The agreement
stipulates a dispute settlement mechanism and the investment protection obligations of the two sides and is expected to mutually enhance investor confidence on both sides and create a more stable, convenient and transparent business environment for enterprises from both countries.
This year marks the 40th anniversary of the establishment of diplomatic ties between China and Angola.
The following articles were originally published by the Xinhua News Agency.
Chinese FM holds talks with Angolan counterpart
BEIJING, Dec. 6 (Xinhua) — Chinese Foreign Minister Wang Yi held talks with Foreign Minister of Angola Tete Antonio in Beijing on Wednesday.
Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, said that under the strategic guidance of the two heads of state, China-Angola relations have maintained a strong momentum of development with fruitful results in practical cooperation, which has brought tangible benefits to the two peoples, provided an important boost to Angola’s development and set an example for South-South cooperation.
China is willing to share with Angola the experience of development and opportunities in the Chinese market, expand practical cooperation on infrastructure, digital economy, clean energy, health care and food security, deepen people-to-people exchanges, and consolidate the popular foundation of China-Angola friendship, said Wang.
Wang also expressed China’s willingness to strengthen coordination on multilateral platforms with Angola, advance the mechanism building of the Forum on China-Africa Cooperation, build a closer China-Africa community with a shared future, jointly safeguard the legitimate rights and interests of developing countries, and promote the development of the international order in a more just and reasonable direction.
Antonio said that Angola will stick to the one-China principle and support China in safeguarding its sovereignty and territorial integrity.
Bilateral cooperation between the two countries is mutually beneficial, Antonio said, adding that Angola welcomes Chinese investment, and is willing to continue close communication and coordination with China.
China, Angola sign investment protection agreement
BEIJING, Dec. 6 (Xinhua) — China and Angola on Wednesday signed an agreement in Beijing to facilitate and protect bilateral investment, according to the Ministry of Commerce of China.
The pact, signed by Chinese Minister of Commerce Wang Wentao and Foreign Minister of Angola Tete Antonio, is a mutually beneficial, high-quality investment agreement that stipulates a dispute settlement mechanism and the investment protection obligations of the two sides.
This year marks the 40th anniversary of the establishment of diplomatic ties between China and Angola.
The signing of the agreement is expected to enhance investor confidence on both sides and create a more stable, convenient and transparent business environment for enterprises from both countries, the ministry said.
Next, the two sides will carry out their respective domestic procedures to promote the agreement’s early entry into force, according to the ministry.
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