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| Brazilian Anoglan 2018 Investment and Trade agreement | |
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| Tweet Topic Started: Jan 14 2018, 03:53 PM (50 Views) | |
| LordMoose | Jan 14 2018, 03:53 PM Post #1 |
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Preamble - Both the governments of Brazil and Angola understand that working Together can create more growth and foster stronger bonds between nations. And Sides have agreed to bring our economies close in the “Brazilian Angola Investment and Trade treaty” or “BAIT” for short Food and Fuel -- Angola in order to help reduce the cost of food imports and strengthen ties between Brazil and Angola reduces the trade Tariff they have on imported foods and other food Stuff to ZERO [0%] for brazilian companies only. -- Angola also in order to bring our nation's closer and to lessen there reliance on oil Agrees to lower the tariff on brazilian biofuel and biofuel products to ZERO [0%] and Agrees to blend all of there gas with ethanol up to E9 [or 91% petrol 9% ethanol] to Both help spur demand for biofuel and protect the environment by using less fossil fuels Business -- In order to bring more investment into Angola and to spur the Brazilian economy Angola Agrees to lower the bureaucratic and political barriers on foreign investment for brazilian And individuals to entice private investment from brazil into angola in areas expect mining and oil drilling -- Angola and Brazil agree that any mining and oil drilling will happen thru state ran companies. These companies will only be allowed to collect the reasonable export tax that Angola imposes on mineral and oil exports. All other matters of mining and drilling will be left to the private companies. -- Brazil agrees to have the state run oil company Petrobras research investment opportunities within the four known oil fields of Angola Brazilian Investment -- Brazil agrees to invest 1 billion dollars over 5 years into Angola, 800 million split evenly between a 400 MW solar farm and a 100 MW Waste to Energy plant outside of Luanda to both supply the capital with electric and heated water [the WTE plant will also provide heating, link here http://www.seas.columbia.edu/earth/wtert/faq.html ] but also help reduce the amount of garbage that builds up within angola -- The other 200 million will be spent on electrical and heating transportation lines around both of these plants -- Brazil will keep full ownership of both of these plants but will have Eletrobras run them, splitting profits 60/40. -- 80% of the labor for building and maintaining these plants and lines will be native angolan labor to help boost the economy of Angola Timeline for investments y1 - 100m into the electrical grid, 100m into a 400mw solar plant y2 - 100m into the electrical grid, 100m into a 400mw solar plant y3 - 200m into the 400mw solar plant y4 - 200m into the biofuel/waste plant y5 - 200m into the biofuel/waste plant In accordance with the MOU signed [url=5 September 2014]http://www.defenceweb.co.za/index.php?option=com_content&view=article&id=36188:angolan-navy-acquiring-seven-patrol-vessels-from-brazil&catid=51:Sea&Itemid=106 Brazil will also start the transfer of four of the seven Macae-class patrol boats, to be completed no later than 2022 and start building the agreed upon shipyard and training Angolan shipbuilders so that Angola may produce the other three Macae-class patrol boats in a timely manner. Edited by LordMoose, Jan 15 2018, 07:44 PM.
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| LordMoose | Jan 14 2018, 03:54 PM Post #2 |
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Brazil agrees to this Michel Temer |
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| Gambit | Jan 15 2018, 08:15 PM Post #3 |
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Signed on behalf of President Lourenço and the people of Angola, Georges Rebelo Chicoti Minister of External Relatoins |
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| Eryk | Jan 16 2018, 05:31 AM Post #4 |
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СССР
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This has been REJECTED by the Angolan National Assembly. There is little reason for Angola to destroy its agricultural sector by providing tariff free access for foodstuffs. Many of the remaining trade-related clauses would essentially destroy Angola's ability to sign reasonable trade agreements based on Most favored nation status, and might outright be incompatible with WTO rules. It is also nonsensical for one of Africa's largest oil producers to tie itself to import 10% of its fuel from Brazil and artificially increase the cost in return for token investments that Brazil has neither the money for or serious enough production capacity to be installing in other countries. Brazilian-Angolan relations are strong, but any trade arrangements must be equitable and sensible. |
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