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Page added on August 9, 2009

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Clinton on oil mission to Angola

LUANDA (AFP)

Clinton was going to Angola “to strengthen that relationship with one of Southern Africa?s emerging countries, a country which has enormous economic potential,” said Johnnie Carson, her top Africa aide.

He dismissed talk of rivalry with China, saying that was a “Cold War paradigm.”

China, hungry for resources to fuel its rapidly growing economy, has been ramping up investment in Angola and other African nations, often raising controversy as Beijing puts little focus on human rights and good governance.

Angola is now China’s largest supplier of crude oil. But it is also a key provider to the United States; Angola sold 19 billion dollars in exports to the US market last year, 90 percent of it oil.

AFP



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