June 03, 2022
It held today, Friday, June 3, in Luanda, the signing ceremony of the Agreement by Exchange of Notes, concerning the Debt Service Suspension Initiative and Susceptible Credits and Conditions of JICA between the Republic of Angola and Japan.
The agreement, of which signing ceremony took place at the headquarters of the Ministry of Foreign Affairs, was signed by His Excellency Domingos Vieira Lopes, MIREX Secretary of State for International Cooperation and Angolan Communities, and His Excellency Takahashi Yusuke, Deputy Head of the Japanese Embassy in the Republic of Angola.
The agreement aims fundamentally at helping the Republic of Angola to improve debt transparency and management, as well as to honor its international commitments.
Due to the negative impact of COVID-19 on the countries’ economies, the Paris Club (informal group of official creditors, whose role is to find coordinated and sustainable solutions to the borrowing countries’ payment difficulties) and the G20, launched an initiative to grant a temporary suspension of the debt service due from May 1st to December 31st, 2020.
Japan is a strategic partner of Angola and has strongly supported the country’s development, acting with projects in social areas such as health, education, higher education, agriculture, energy and water, demining, among others.
DIRECTORATE OF INFORMATION TECHNOLOGIES, INSTITUTIONAL COMMUNICATION AND PRESS OF THE MINISTRY OF FOREIGN AFFAIRS (DTICII-MIREX) Luanda, June 03, 2022.
*Unofficial translation
