Southern Africa will be the economic powerhouse that transforms Africa from a humanitarian relief recipient to a reliable economic partner. Angolan resources, coupled with South Africa's already strong economy, will lead the way.

• Angola's 1,600 km-long coastline and its four major ports make it a natural trans-shipment point for the entire region.
• Angola will likely replace South Africa as the region's main energy supplier as new hydro-electric projects are completed.

We offer the following areas of cooperation:
1. civil engineering
2. production of the construction materials
3. country industrialization
4. agriculture
5. sanitation equipment production,
6. educational facilities production.

We are offering the complete services in entrenching the company through:
- market research, competition indication and their product verification
- location selection according to the investors requirements
- land development
- active communication with the state administration and municipalities.

Slovak Republic played an important role in the peaceful process of Angolan Republic. President of Angolan republic José Eduardo dos Santos who arrived to Slovakia on April 2000, have visited also the central parts of Slovakia. He was guided by the Slovak government ministers and informed about up-to-date situation in Slovakia. Angola became very interesting business partner for Slovakia.

AGREEMENTS BETWEEN SLOVAKIA AND ANGOLA
• Trade Agreement between Czechoslovak Federative Republic and Angolan Republic (1978)
• Trade Agreement (1991)
• Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income (1998).

The potential consumer market in the region, as represented by the Southern African Development Community (SADC) is large. It consists of the 12 countries and represents some 130 million consumers. Angola is responsible for the energy development committee within SADC, and is the country with the greatest hydroelectric reserves and potential in the region.

LAW ON THE BASES FOR PRIVATE INVESTMENT
Let me highlight that the new foreign investment law of 1994 is quite favourable for inward investment, allowing
- repatriation of earnings
- offering incentives and
- tax exemptions
- new investment projects must be evaluated and approved by the government within a period of 45 to 90 days.
As a result, the rate of privatization is continuing rapidly, and some 275 state-owned companies have already been spun off into 850 privately-owned firms. This demonstrates not only the political will, but genuine interest in promoting both foreign and domestic investment in Angola.

We can mention opportunities, too, for involvement or partnerships with mutual benefits to both sides, in:
- mining (gold, diamonds, copper, iron, cobalt, phosphates)
- tourism (in construction of hotels, apartments, recreational canters and infrastructure)
- fishery.

Part of the Private Investment Law is the protection of the companies by Arbitrage Court.

LAW ON THE BASES FOR PRIVATE INVESTMENT

Law about the arbitration