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Portugal: National ocean strategy

The Portuguese government has issued a Council of Ministers Resolution approving the 2021-2030 National Ocean Stratgy, a programmatic document governing ocean-related political actions and enshrining the government’s commitment to protect the ocean and ensure the sustainable development of its many opportunities.

Timor-Leste: New voluntary arbitration regime

Law no. 6/2021 which enacts the voluntary arbitration law and for the first time amends the Code on Civil Procedure was published in the Tmor-Leste Official Gazette.

Oil and gas: New Forex regime for non-associated natural gas and derivatives

Pursuant to the provision of the Foreign Exchange Law for the petroleum sector, the National Bank of Angola has published Order 3/2021 which establishes the new foreign exchange regime appllicable to the entities engaged in the prospecting, exploration, appraisal, development, production and marketing on non-associated natural gas and its derivatives.

Angola exchange policy

Notices no. 4/21 establishes the rules and procedures applicable to foreign exchange transactions for the settlement of imports and exports of goods in Angola.

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