Angola proposes creation of investment bank among Portuguese-speaking countries

2021-07-18 08:55:26 GMT2021-07-18 16:55:26(Beijing Time) Xinhua English

LUANDA, July 18 (Xinhua) -- Angola launched the challenge of creating an investment bank for the Community of Portuguese Language Countries (CPLP) at a CPLP summit concluded here on Saturday.

"We can be a relevant economic force if we work for this, we have left the challenge of starting to think about the pertinence and feasibility of creating a CPLP investment bank," Joao Lourenco, president of Angola and host of the 13th CPLP Conference, address in his closing speech.

The creation of a potential bank is in line with the intention to include a new economic and business pillar, one of the priorities of the Angolan CPLP presidency.

During the summit, the heads of state and government had the opportunity to discuss relevant issues for the respective countries and establish a cooperation framework in line with the current international situation, Lourenco said.

CPLP is made up of Angola, Brazil, Cabo Verde, Guinea-Bissau, Equatorial Guinea, Mozambique, Portugal, Sao Tome and Principe, and East Timor. Enditem