18th July, 2003
Ministry of Commece & Industry  


INDIA & ANGOLA TO COOPERATE IN PHARMA, HEALTH CARE & MANUFACTURING SECTORS

ANGOLAN PLANNING MINISTER MEETS VIDYA SAGAR RAO


India and Angola have decided to cooperate in the areas of pharmaceuticals, health care and manufacturing sector. India would also assist Angola in their reconstruction efforts. This was indicated in a meeting between Dr. Ana Dias Lourence, Minister of Planning of the Republic of Angola and Shri Ch. Vidya Sagar Rao, the Minister of State for Commerce & Industry here today. "India has competence and expertise in the areas of health care, pharmaceutical sector and hospital equipments. The cooperation in these areas would immensely benefit both the countries", Shri Rao said.

During the meeting, Shri Rao drew attention of visiting Minister towards the fact that diamond cutting and polishing units in Angola as the possible area of cooperation between the two countries since India has world-class technology and manpower in this area. This would also help in providing large employment opportunities in Angola, the Minister added. The Angolan Minister agreed to work closely to further cooperation in this area. "We think it is possible to cooperate for developing manufacturing sector in Angola which is at nascent stage", Dr. Lourence said in the meeting. She evinced keen interest in knowing the ‘Focus-Africa’ Programme, launched last year by India to enhance economic cooperation between the two regions.

The Angolan Minister said that the ongoing reconstruction programme in her country would provide immense opportunities for cooperation in the sectors of cement, heavy industry, agro-industry and manufacturing activities. Both sides stressed the importance of increasing the current bilateral trade, which is at very low level. To achieve this, the Ministers emphasised the inclusion of trade bodies and private sector in this effort.