Angola exports more $12 billion worth of oil to the United States - TopicsExpress



          

Angola exports more $12 billion worth of oil to the United States every year, which amounts to 5.7% of U.S. total oil imports, or about twice as great a share as Kuwait had at the time of the 1990 Gulf War. Angola’s exports to the U.S. and the rest of the world are expected to rise, because the country is rich in natural resources and is enjoying robust economic growth as it rebuilds after twenty-seven years of civil war. The war made elections impossible except during a 1992 truce, and although Angola’s human rights record is far from perfect, legislative elections were held on September 5, 2008, with a presidential election scheduled for 2009.
Posted on: Sun, 06 Jul 2014 06:46:16 +0000

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