22 April 2011
Luanda — The Ministry of Commerce has concentrated its effort towards creating material conditions to start a new model of internal and external commerce in Angola, Angop learned Wednesday in Luanda.
The information was released by the minister of State and head of the Civil Office of the Presidency of the Republic, Carlos Feijó, while presenting the assessment of the Government activity in the first quarter of 2011.
He explained that the new model that will be implemented in the country entails a closer control of external commercial activity, better registration of imports and exports, with a view to a precise knowledge of the performance of the Angolan economy and its commercial relations with the world.
According to the official, to this end, the ministry has contracted services for the creation of a computerised system enabling it to register all commercial activity, mainly with foreign partners.
As to credit to agriculture, he stated that changes will be made to the existing procedure, to facilitate the activity of commercial operators.
He explained that the purpose is to provide the operators with the capacity to produce goods and trade them.
To this end, he added, the Government has decided that a commercial credit should be put in place, in addition to the credit to agriculture.
Carlos Feijó stated as well the law on credit to agriculture has been updated to assist those who want to deal in distribution and trade.
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Nation to Adopt New Model of Commerce