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FINAL COMMUNIQUÉ

Luanda, 12th of July 2019

1. At the invitation of His Excellency Mr. João Manuel Gonçalves LOURENÇO, President of the Republic of Angola, a quadripartite meeting was held on 12 July 2019 in Luanda between His Excellencies, Mr. Yoweri Kaguta MUSEVENI, President of the Republic of Uganda, Mr. Paul KAGAME, President of the Republic of Rwanda, and Mr. Felix Antoine Tshisekedi TSHILOMBO, President of the Democratic Republic of Congo.

2. This meeting follows the Tripartite Summit held in Kinshasa on 31st May 2019 between the Heads of State of the Republic of Angola, the Republic of Rwanda and the Democratic Republic of Congo and the consultation undertaken by the Special-Envoy of the President of the Republic of Angola to the President of the Republic of Uganda on the 18th of June 2019, in Kampala, Republic of Uganda.

3. During the present summit, the four Heads of State reviewed the general situation in the sub-region as well as the strengthening of the cooperation among the four countries.

4. The Heads of State stressed the importance of a permanent, frank and open dialogue that should be strengthened both bilaterally between the states of the region and multilaterally, for the consolidation of peace and security, and as a fundamental premise for economic integration.

5. The Heads of State welcomed the efforts of the DRC authorities to pacify the entire national territory, but condemned the persistence of armed groups in the east of the country that are in breach of the ongoing peace process and destabilizing neighboring countries.

6. The Heads of State paid particular attention to developments in the endemic situation in the country, thus recognizing the efforts of the Democratic Republic of Congo and its partners in dealing with the outbreak of Ebola.

7. The Heads of State congratulated themselves on the outcomes of 12th Extraordinary Summit of Heads of State and Government of the African Union, held on July 7, 2019, in Niamey, Republic of Niger, dedicated exclusively to the launching of the operational phase of the African Continental Free Trade Area, which opens new prospects for the continent’s economic integration.

8. The Heads of State welcomed the prevailing climate of peace in the sub- region, which is conducive to economic integration and sustainable development.

9. The meeting in Luanda between the four Heads of State took place in a climate of fraternity and perfect understanding and decided the following:

a) To continue to pay particular attention to the creation of a climate conducive to fostering cooperation between their respective countries in areas of common interest, including in the political and economic spheres.

b) Prioritize the resolution of any dispute between their respective countries by peaceful means through conventional channels and in the spirit of African brotherhood and solidarity.

c) Support the efforts by the government of the Democratic Republic of Congo in the process of dealing with the outbreak of Ebola and commit to work together to prevent spread of the epidemic.

10. As far as the bilateral relations between the Republic of Rwanda and the Republic of Uganda are concerned, the Summit welcomed the willingness of the two parties to continue the dialogue with a view to finding a solution to the existing problem.

11. In this regard the Summit assigned the Republic of Angola with the support of the Democratic Republic of Congo to facilitate this process.

12. The Four Heads of State agreed to continue their consultations on issues of common interest.

13. His Excellencies, Mr. Yoweri Katuga MUSEVENI, President of the Republic of Uganda, Mr. Paul KAGAME, President of the Republic of Rwanda, Mr. Felix Antoine Tshisekedi TSHILOMBO, President of the Democratic Republic of the Congo, thanked His Excellency João Manuel Gonçalves LOURENÇO and the Angolan people for the hospitality extended to the delegations during the works of this quadripartite meeting.

French version(pdf)

NATIONAL BANK OF ANGOLA

JUNE 2019

INDEX
1.Trade between Angola and Japan3
2.Main products imported from Japan3
3.Main products exported to Japan4
4.Foreign Direct Investment in Angola4
5.Transactions with international payment cards5
6.External indebtedness of Angola6-7
7.Flow of remittances7-8
8.Brief Considerations9
COMMERCIAL EXCHANGE BETWEEN ANGOLA AND JAPAN
In Millions of US$
Description2013201420152016201720182019*
Export of goods409,8303,8151,324,6267,8211,31,6
Import of goods245,7333,0121,928,022,469,619,8
Trade Balance164,1-29,229,4-3,4245,4141,8-18,2
Source: MIREMPET/AGT
*Preliminary data through April
MAJOR CATEGORIES OF IMPORTED PRODUCTS FROM JAPAN : 2013 – 2019
In Million of US$
Description2013201420152016201720182019*
MACHINERY, MECHANICAL AND ELECTRICAL APPLIANCES110,2180,654,73,27,44,52,0
FOOD GOODS0,10,00,00,00,00,00,0
COSTRUCTION MATERIAL25,536,913,80,90,41,10,1
MISCELLANEOUS WORKS4,25,54,21,21,03,30,3
VEHICLES96,998,841,610,35,855,715,1
CHEMICALS1,73,20,62,41,70,51,6
PLASTICS, RUBBER, LEATHER AND LEATHER4,24,85,17,43,82,40,3
TEXTILES AND CLOTHING0,71,61,52,32,11,70,4
BEVERAGES AND VINEGAR0,00,00,00,00,00,00,0
AIRCRAFT AND VESSELS0,20,10,00,00,00,00,0
PAPER OR PAPERBOARD AND ARTICLES THEREOF0,10,30,10,30,00,00,0
MINERAL PRODUCTS0,30,30,00,00,00,00,0
WOOD,CORK0,00,00,10,00,00,00,0
FUEL0,00,00,10,00,00,00,0
OTHER PRODUCTS1,40,60,00,00,10,30,0
IMPORTS OF ANGOLA FROM JAPAN245,7333,0121,928,022,469,619,8
TOTAL IMPORTS OF ANGOLA26.331,028.580,320.692,513.040,514.463,215.797,85.630,1
JAPAN`S SHARE0,9%1,2%0,6%0,2%0,2%0,4%0,4%
Source: AGT
*Preliminary data through April
PRODUCT EXPORTS TO JAPAN
In Millions of US$
Description2013201420152016201720182019*
CRUDE OIL ***409,8303,8151,324,6267,8211,31,6
GAS245,7333,0121,928,022,469,619,8
PREPARATIONS OF MEAT, OF FISH OR CRUSTACEANS245,7333,0121,928,022,469,619,8
OTHERS**164,1-29,229,4-3,4245,4141,8-18,2
EXPORTS FROM ANGOLA TO JAPAN164,1-29,229,4-3,4245,4141,8-18,2
TOTAL EXPORTS OF ANGOLA164,1-29,229,4-3,4245,4141,8-18,2
JAPAN`S SHARE164,1-29,229,4-3,4245,4141,8-18,2
Source: MIREMPET/AGT/BNA
*Preliminary data through April
**Includes wood and fish***Preliminary data referring to the first quarter
FOREIGN DIRECT INVESTMENT IN ANGOLA *
In Millions of US$
Description2013201420152016201720182019*
JAPAN0,00,00,00,00,00,40,3
TOTAL OF DIRECT INVESTMENT IN ANGOLA62,987,1122,447,327,3476,398,8
JAPAN`S SHARE0,00%0,00%0,00%0,00%0,00%0,09%0,26%
Source: BNA
Preliminary data referring to the first quarter
TRANSACTIONS WITH INTERNATIONAL PAYMENT CARDS ISSUED BY BANKS RESIDENT IN ANGOLA
In Millions of US$ 
Description2013
SurveyPurchaseTotal expenses
JAPAN0,00,30,3
TOTAL PAYMENTS CARD705,0731,81.436,7
JAPAN`S SHARE0,00%0,00%0,00%
Source: BNA
*Preliminary data through April
In Millions of US$
Description2014
SurveyPurchaseTotal expenses
JAPAN0,20,30,5
TOTAL PAYMENTS CARD1.387,01.199,62.586,6
JAPAN`S SHARE0,00%0,00%0,00%
In Millions of US$
Description2016
SurveyPurchaseTotal expenses
JAPAN0,00,10,1
TOTAL PAYMENTS CARD236,0321,5557,5
JAPAN`S SHARE0,00%0,00%0,00%
In Millions of US$
Description2017
SurveyPurchaseTotal expenses
JAPAN0,00,10,1
TOTAL PAYMENTS CARD279,4396,4675,8
JAPAN`S SHARE0,00%0,00%0,00%
In Millions of US$
Description2018
SurveyPurchaseTotal expenses
JAPAN0,00,10,1
TOTAL PAYMENTS CARD194,6302,1496,7
JAPAN`S SHARE0,00%0,00%0,00%
In Millions of US$
Description2019*
SurveyPurchaseTotal expenses
JAPAN0,00,10,1
TOTAL PAYMENTS CARD39,066,0105,0
JAPAN`S SHARE0,00%0,00%0,00%
Source: BNA
*Preliminary data through April
PUBLIC EXTERNAL DEBT OF ANGOLA
In Millions of US$
Description201320142015201620172018
EXPENDITURE (JAPAN)34,6484,5364,711,60,088,9
TOTAL EXPENDITURE10.204,513.250,25.694,8495,87.330,1298,9
JAPAN`S SHARE0,3%3,7%6,4%0,1%0,0%0,9%
Source: UGDP
In Millions of US$
Description201320142015201620172018
DEBIT SERVICE (JAPAN)18,931,881,2122,7120,1118,9
CAPITAL9,417,745,588,587,488,1
INTEREST RATE9,514,035,734,232,630,9
TOTAL SERVICE5.375,77.114,07.343,08.270,110.537,69.055,9
JAPAN`S SHARE0,4%0,4%1,1%1,5%1,1%1,3%
In Millions of US$
Description2013201420152016201720182019*
STOCK DEBIT (JAPAN)212,3634,1960,9900,1848,1857,7828,4
TOTAL STOCK DEBIT28.178,135.933,1278,7400,843.390,6981,746.877,6
JAPAN`S SHARE0,8%1,8%2,6%2,0%2,0%1,8%1,8%
Source: UGDP
*Preliminary data through April
VALUE REFERRAL FLOW
In Millions of US$
Description2013
CreditDebitBalance
JAPAN0,00,40,0
TOTAL REMITTANCES36,61.725,7-1.689,0
JAPAN`S SHARE0,1%0,0%0,0%
Source: BNA
*Preliminary data through April
In Millions of US$
Description2014
CreditDebitBalance
JAPAN0,00,20,0
TOTAL REMITTANCES31,01.447,8-1.416,8
JAPAN`S SHARE0,2%0,0%0,0%
In Millions of US$
Description2015
CreditDebitBalance
JAPAN0,00,00,0
TOTAL REMITTANCES11,1311,2-300,0
JAPAN`S SHARE0,1%0,0%0,0%
In Millions of US$
Description2016
CreditDebitBalance
JAPAN0,00,00,0
TOTAL REMITTANCES4,071,3-67,3
JAPAN`S SHARE0,0%0,0%0,0%
In Millions of US$
Description2017
CreditDebitBalance
JAPAN0,00,00,0
TOTAL REMITTANCES1,4110,7-109,2
JAPAN`S SHARE0,1%0,0%0,0%
In Millions of US$
Description2018
CreditDebitBalance
JAPAN0,00,00,0
TOTAL REMITTANCES1,520,9-19,4
JAPAN`S SHARE0,2%0,0%0,0%
In Millions of US$
Description2019*
CreditDebitBalance
JAPAN0,00,00,0
TOTAL REMITTANCES1,027,6-26,6
JAPAN`S SHARE0,1%0,0%0,0%
Source: BNA
*Preliminary data through April

                                                                       BRIEF CONSIDERATIONS
1. Trade balance between Angola and Japan favors Angola. Considering the period from 2013 to 2018 on average, the surplus was US $ 91.3 million, despite the fact that the data for 2019 showed a balance favorable to Japan.
2. Machinery, mechanical and electrical appliances and vehicles appear to be the main products imported from Japan with an estimated average annual weight of about 82% of total imports from Japan.
3. Oil and gas are the main products exported to Japan.
4. Japanese investment in Angola is residual. The available records show that the Japanese investment in Angola does not surpass the figure of 0.5%.
5. In terms of the use of international cards in Japan, on average transactions do not exceed 0.5% of the total with international payment cards.
6. As far as remittances are concerned, there is practically only the sense of sending to Japan. However, the amount is residual.

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