RIGHTS AND OBLIGATIONS FOR EXPORTERS

In line with the national strategy for the development of a balanced and competitive economy and in order to leverage the growth potential of the activities of Angolan producers outside the oil industry and to even the livelihoods of entrepreneurial agents, Angola set up the National Development Strategy for the Angolan Exportations – EDEXPORT.

Angola through its National Development Strategy for the Angolan Exportations (EDEXPORT), is considering increasing the diversification of its exports through the creation and implementation of policies and instruments that boost the development of competitive advantages for the national production that enable its sustainable affirmation in markets. This strategy is based on a set of strategic centre lines which provide, among others, the following rights for the exporter:

  1. Privileged tax regimes;
  2. Specific customs procedures;
  3. Financial support for the creation and expansion of businesses;
  4. Access to credit insurance;
  5. Promotion of products on the international market;
  6. Benefit from rights provided in bilateral and multilateral agreements and in terms of the World Trade Organization
  7. Access to markets with which the country benefits from special regimes (AGOA –USA, Everything But Arms – UE, Free-trade areas. – SADC, COMESA, tripartite market).

If the exporter is also a private investor, domestic or foreign, he is covered by the investor’s rights from the Private Investment Law # 14/15 in force since August, 2015 such as:

  1. Repatriation of his profits and dividends;
  2. Use of internal and external credit;
  3. Access to courts, fair and non- discriminatory treatment, protection and security;
  4. Respect for professional secrecy and privacy;
  5. Appropriate compensation, prompt and effective in the event of expropriation;
  6. Guarantee of industrial property rights and intellectual creation;
  7. These and other rights are guaranteed without prejudice to others in Agreements and bilateral conventions.

Obligations for the Exporter

  1. Statement of the means of payment entry into the national financial system;
  2. Observe the standards of quality of products according to the requirements of export markets;
  3. Observe the internationally accepted good manufacturing practices
  4. Observe the hygiene, safety and quality legislation;
  5. Observe the phytosanitary standards;
  6. Payment of tax, customs and administrative charges;
  7. Compliance with current legislation Commerce in the country;
  8. Knowledge of the terms of international trade (Incoterms )