Memorandum of Understanding signed between KOSGEB and the National Institute for Support of Small and Medium sized enterprises ("Instituto Nacional de Apoio à Pequena e Média" –INAPEM) in Angola

Ahead of the signing ceremony, under the auspices of President Recep Tayyip Erdoğan and Angola President Joao Manuel Gonçalves Lourenço, Minister Varank held a meeting with Angola's Minister of Industry and Trade Victor Francisco.

Welcomed with Official Ceremony 

President Erdoğan welcomed Angola President Lourenço, who was in Turkey for an official visit, with an official ceremony at the Presidential Complex.

Agreements Signed

Ten agreements were signed between the two countries after one-on-one and inter-delegation talks. Industry and Technology Minister Varank and Angola Economy and Planning Minister Santos signed two separate agreements.

Memorandum of Understanding on SMEs 

Under the auspices of President Erdoğan and his Angolan counterpart Lourenço, a Memorandum of Understanding was signed between KOSGEB and the National Institute for Support of Small and Medium sized enterprises (INAPEM).

Investment Incentive Agreement

Afterwards, the two ministers signed the Mutual Protection and Promotion Investments Agreement between Turkey and Angola.

Joint Press Conference

After the signing ceremony, the two leaders held a joint press conference. President Erdoğan gave dinner in honor of the Angolan guest.

Meeting with Francisco

Meanwhile, Minister Varank met with Mr.Francisco, Angola's Minister of Industry and Trade, at the Presidential Complex. In attendance of KOSGEB President Hasan Basri Kurt, they evaluated opportunities for cooperation in various fields.

First High-Level Visit

Lourenço's Turkey programme is the first official presidential-level visit between the two countries. During the visit, Turkey-Angola relations are assessed in all dimensions.  

OPEC Chairman

Angola holds the Rotating Presidencies of OPEC and the Community of Portuguese-Speaking Countries.

In the course of the talks, regional and international developments, particularly in Africa were evaluated.