Luanda - Angola's permanent representative to the United Nations, Margarida Izata, confirmed, Wednesday (17), in Geneva, Switzerland, that the country agrees with China's assessment of the recent threats to world trade.
These threats have to do with the increase in unilateralism, protectionism and the challenges faced by economic fragmentation, according to a press release to which ANGOP had access on Thursday.
According to the document, the Angolan diplomat was speaking during the 9th review of China's trade policy and practices, which takes place from the 17th to the 19th of this month, at the headquarters of the World Trade Organization (WTO), in Switzerland.
On the occasion, the ambassador stated that Angola shares China's concerns about the politicization of international trade and the increased use of unilateral protectionist measures under the guise of national security strategies.
According to the note, Angola will closely monitor China's initiatives, such as the global development, global security and global civilization initiatives, while hoping that they contribute to the construction of a new international multilateral order, simultaneously creating better inclusion opportunities for developing countries.
In this context, Margarida Izata said that Angola is pleased to have found in China's official report a clear commitment to the WTO, as an important platform for global economic governance.
To this end, she recognized that the People's Republic of China considers the re-establishment of the appellate body to be the WTO's top priority and has significantly contributed to achieving consensus on the need for a fully functional dispute resolution system accessible to all members until 2024.
On the other hand, Angola's permanent representative to the United Nations and other International Organizations in Geneva highlighted that China's economy has demonstrated a strong recovery from the global crisis, caused by the pandemic, and continues to be one of the main drivers of economic growth. worldwide.
“The numbers we saw in both reports do not lie. China's exports and imports have played a significant role in stabilizing and recovering international trade,” the statement reads.
However, the Angolan ambassador regretted the fact that Chinese exports to Africa represented only 5% of the total, while imports represented 4.3%. EH/QCB/DOJ
