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Government of Angola publishes new rough diamonds' marketing policy

Governo de Angola publica nova Política de Comercialização de Diamantes Brutos

Intel ID : 240470
Synopsis

The Government of Angola published a new Rough Diamond Marketing Policy, reported Sapo 24 Horas on 9 September 2016.

The new policy maintains the marketing (industrial and craft production) mandatorily assured by the public company Sodiam and defines that this one must outsource specialized companies to do it.

Additionally, selected companies will compulsorily buy about USD 4m in diamonds at least a month and if this value is not achieved within six consecutive months, contracts between Sodiam and buyers, will be terminated.
(content in portuguese)

O Governo de Angola teria publicado uma nova Política de Comercialização de Diamantes Brutos, segundo publicou o Sapo 24 Horas em 9 de setembro de 2016.

De acordo com a publicação, a nova política mantém a comercialização (da produção industrial e artesanal) obrigatoriamente através da empresa pública Sodiam e define que a empresa pública deve subcontratar empresas especializadas para essas compras.

Além disso, as empresas selecionadas deverão comprar obrigatoriamente cerca de USD 4m em diamantes no mínimo por mês e caso esse valor não seja atingido durante seis meses consecutivos os contratos entre a Sodiam e os compradores serão rescindidos.

Intel ID 240470
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Native Currency Euro (EUR)
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Name
Subsector (Old TTR Sectors)
Services and Distribution / Other Services (Primary)
Services and Distribution / Public Services
Primary Sector (TTRSC)
50.01.02 Government Administration
50 Public Services & NGOs / 50.01 Government & Public Administration

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