Turkey and Angola Tuesday agreed to increase to $500 million up from $176 million their trade volume, Anadolu news agency reports.
“Our trade volume with Angola is $176 million. The current trade volume is very low for such two powerful countries. We agreed to reach a $500 million trade volume as a first stage,” Tayyip Erdogan said during a joint presser in Ankara with his Angolan counterpart, Joao Manuel Gonalves Lourenco.
Both leaders also signed a number of agreements that will pave the way for Turkish investors to visit and make investments in Angola with more confidence, and this also applies to Angolan investors.
“With the signed agreements, we want to take back the time we lost for years and reach the top in bilateral relations and trade volume,” Lourenco said.
Erdogan also pledged to visit Angola after September’s UN General Assembly, with a group of businessmen, to start high-level visits between the two countries.