Angola pledges to help Sao Tome and Principe in the oil sector
[ 2009-11-19
]
Sao Tome, Sao Tome and Principe, 19 Nov – Angola’s has promised to help Sao Tome and Principe in the oil sector, under the terms of a memorandum of understanding signed Wednesday in Sao Tome which outlines a new model for cooperation between the countries.
The memorandum, which has over five pages, and is the result of three days of negotiations, outlines the hosting of an annual summit between the heads of government of both states.
The mixed commission will take place every three times a year, although a technical meeting will be arranged annually to assess the fulfilment of agreements.
The Sao Tome and Angolan delegations also outlined in this memorandum the areas of economic, financial, defence and security, domestic order, agriculture, fisheries, infrastructures, sport and the media as being a priority.
Differently to the initial information announced by the negotiators of the seventh mixed commission for cooperation between Sao Tome and Angola no agreement was signed by the two sides.
The two delegations set the next meeting of the mixed commission for the start of January 2010. (macauhub)
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