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Sao Tome and Principe spends more than US$5 million on rice imports in 2016

Sao Tome and Principe spent 122.6 billion dobras (US$5.3 million) on rice in 2016, the most imported food product, the Sao Tome National Statistics Institute (INE) told Macauhub on Monday.

Data provided by INE showed that rice imports accounted for 29.4% of imports of food products in 2016, with 8,314 tonnes and a cost of US$5.3 million, compared to US$6.2 million in More

Trade deficit of Sao Tome and Principe reaches US$124.5 million in 2016

The trade deficit of Sao Tome and Principe reached 2.864 trillion dobras (US$124.5 million) in 2016, the National Statistics Institute (INE) told Macauhub on Thursday.

The deficit resulted, according to INE’s information, from imports of US$134.6 million and exports of US$10.1 million.

Imports recorded in 2016 decreased in value by 14.3% and imports rose by 14.3%.

The import-export coverage rate improved by one percentage More

Portugal is economically the freest of the eight Portuguese-speaking countries

Portugal is the Portuguese-speaking country placed highest in the Index of Economic Freedom of the American Heritage Foundation and Timor-Leste (East Timor) is classified lowest, according to the report for 2017 released by the foundation.

Portugal was included in the group of moderately free countries, in fact the only one of eight Portuguese-speaking nations, but fell by 2.5 points compared to its More

Sao Tome and Principe gets US$8.3 million from cocoa exports in 2016

Sao Tome and Principe raised around 192.2 billion dobras (US$8.3 million) in 2016 with cocoa sales, which accounted for 93.5% of all agricultural exports, the National Statistics Institute (INE) of the archipelago told Macauhub in Sao Tome on Monday.

INE also said that in terms of nominal values ​​in dobras (Sao Tome’s currency) it recorded an increase of 8.8% due to the More

Chinese cooperation starts arriving in Sao Tome and Principe

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Just over a month after the restoration of diplomatic relations between Sao Tome and Principe and the People’s Republic of China, Chinese cooperation is beginning to reach the archipelago in a process seen as strategically important by analysts of the Sino-African relationship.

Since last week, under the bilateral agreement in the health sector signed immediately after the restoration of diplomatic relations, in December 2016, a Chinese medical team is working in the archipelago’s hospital centres. More

Chinese medical team arrives in Sao Tome and Principe to provide health care

A Chinese medical team has been in Sao Tome and Principe since Thursday to provide health care in the archipelago’s hospitals, said the head of the Chinese mission, Wang Jun Quiang.

Jun Quiang told Macauhub that it was “the first Chinese medical mission to come out of a bilateral agreement in the health sector,” following the re-establishment on 26 December of diplomatic More