Angola–Portugal relations recession, had made buying large corporations that they would not have been able to afford if Portugal had not been in a crisis an easy picking for the Angolan government. Portugal had also sold some real estate and port wine estates. Angola now had stakes in the Portuguese economy from banking to energy to media. Angola–Portugal relations Angola–Portugal relations have significantly improved since the Angolan government abandoned communism and nominally embraced democracy in 1991, embracing a pro-U.S. and to a lesser degree pro-Europe foreign policy. Portugal ruled Angola for 400 years, colonizing the territory from 1483 until independence in 1975.
Angola–United States relations the Republican administration of President Ford attempted to counter them. This was thwarted by the Tunney/Clark amendment, passed by a Democratic congress forbidding any involvement. The United States opposed Angola's membership in the United Nations from its declaration of independence in 1975 to its acceptance in December 1976. Angola did not have formal relations with the United States until 1993. Fidel Castro regarded the attitude of the United States: Why were they vexed? Why had they planned everything to take possession of Angola before 11 November? Angola is a country rich in resources. In Cabinda there is lots of oil.