January 2006 VOL.15 NO.1

The US-Angola Chamber of Commerce and the Corporate Council on Africa hosted an Angola Working Group meeting with the Angolan Ambassador, Josefina Pitra Diakite, on November 17, 2005 at the Washington office of BP.  This was the sixth and final Working Group Meeting in 2005.

In the four and a half years that Ambassador Diakite has been in Washington, DC, she said that US-Angola relations have steadily improved. She cited the number of high level Angolan visitors to the United States, most importantly the visits of President dos Santos in February 2002 and May 2004 for meetings with President Bush and other high level Administration officials.  Recent visitors have included the Minister of Finance, Jose Pedro de Morais, and the Vice Minister of Health, Dr. Jose Van Dunem.  Commercial ties have been strengthened beyond the oil sector.  The Boeing Company had recently signed an agreement with TAAG, the Angolan national airline, for the sale of six airplanes; an American company, Atlas Construction, is  involved in the construction of a cement plant in Benguela province; and Chiquita Brands is actively exploring the possibility of establishing a banana plantation near the port of Lobito. Bilateral military cooperation has also grown.  A very successful medical exercise (MEDFLAG), involving Angolan and American military personnel, took place in Angola in September.

The Ambassador stated there were areas that needed to be developed.  More could be done to promote stronger relations with the Congress, though she pointed out that two Senators did visit Angola during the year. She hoped Angola would be able to host a Congressional delegation during the first half of 2006. although Angola acquired AGOA (Africa Growth and Opportunity Act) in 2003, the country has yet to realize significant benefits.  One target is to exploit Angola's abundant supply of sea life. (This corresponds with the report issued by the Office of the U.S. Trade Representative in July 2005, which highlighted fisheries as a potentially lucrative sector for Angola.)

During the discussion period the Ambassador was asked about the prospective elections in Angola.  She replied that both presidential and parliamentary elections were expected to be held in the latter part of 2006, though the timing would depend upon meeting all of the logistical and registration requirements for the election process to proceed.  On relations wit the International Monetary Fund (IMF), Angola is not seeking concessional funding from the IMF.  The Government and the IMF had previously discussed the possibility of negotiating a Policy Support Instrument (PSI), but this approach had been dropped. The Ambassador emphasized that the Government was interested in pursuing a dialogue with the World Bank and that a technical team from the IMF was expected to visit Angola at the end of November.

 

IN WASHINGTON, DC:
1100 CONNECTICUT AVE., N.W., SUITE 1000
WASHINGTON, D.C. 20036 USA
TEL: 202.223.0540 FAX: 202.223.0551
E-MAIL: contactus@us-angola.org

IN LUANDA, ANGOLA:
TEL: (244-2) 22 430-028
FAX: (244-2) 22 430-028
EMAIL: lilianadesousa@menshen.net