Friday, June 23, 2017

Equatorial Guinea Promotes Dialogue Between Africa and China in the Fight Against Poverty

The Republic of Equatorial Guinea promoted effective dialogue between Africa and China for the Fight Against Poverty Forum, which was held in Addis Ababa, Ethiopia.

The Forum focused on bilateral exchange between Africa and China, as well as the facilitation of Sino-African cooperation agreements.

High-level officials from Equatorial Guinea attended the forum, along with the Chinese Minister for Foreign Affairs, Wang Yi, and the President of the African Union Commission, Moussa Faki Mohamat, along with experts and journalists from Africa and the People’s Republic of China.

Equatorial Guinea and those in attendance particularly emphasized the importance of strengthening education for the youth, the maintenance of peace and security, and the development of agriculture and healthcare services.

Thursday, June 22, 2017

Equatorial Guinea Hosts IMF, Cites Significant Progress on Economic Reforms

The International Monetary Fund (IMF) cited significant progress on Equatorial Guinea’s economic reforms during a recent visit of an IMF staff team.

The IMF highlighted how macroeconomic policies and structural reforms in Equatorial Guinea have been especially productive.

The IMF also expressed support for the Equatorial Guinea plan to become a member of the Extractive Industries Transparency Initiative (EITI). The EITI is a global standard designed to promote open and accountable management of extractive resources in the oil, gas, and mining industries.

The government of Equatorial Guinea is focused on the sustainable development of the country with the Horizon 2020 plan, in line with the United Nations (UN) Millennium Development Goals.

Equatorial Guinea has directed efforts toward diversifying economic sectors away from oil toward agriculture, tourism, fishing, and financial services.

Despite the decline in the global price of oil, Equatorial Guinea has made significant strides over the last two decades to achieve international milestones in literacy, healthcare services, education, and infrastructure development.

Equatorial Guinea has invested heavily to further develop the country’s infrastructure, healthcare and wellbeing, transportation, and education.

The President of the Republic of Equatorial Guinea, Obiang Nguema Mbasogo, along with the Prime Minister, Francisco Pascual Obama Asue, the Minister of Finance, the Minister of Mines and Hydrocarbons, the Secretary of State for the Treasury, and representatives of the private sector, civil society, and diplomatic community, met with the IMF officials.

Wednesday, June 21, 2017

Equatorial Guinea Active at Assembly of American States

The Republic of Equatorial Guinea has been active at the 47th session of the General Assembly of the Organization of American States (OAS), which is being held in Mexico 19 to 21 June.

The Minister for Foreign Affairs and International Cooperation, Agapito Mba Mokuy, and the Equatorial Guinea Ambassador to the United States of America, Miguel Ntutumu Evuna Andeme, attended the Assembly and expressed their appreciation for the support of Latin America in the voting for the United Nations (UN) Security Council.

Equatorial Guinea was recently welcomed as a non-permanent member of the UN Security Council.

Equatorial Guinea, a permanent observer of the OAS, declared its support of the effort to promote dialogue between nations as integral to economic development.

Equatorial Guinea also highlighted its commitment to continue working with the OAS countries to achieve the common objectives outlined during the African, Caribbean, and Pacific Group of States (ACP) and the Africa-South America (ASA) summits held in Sipopo, Equatorial Guinea in 2012 and 2013.

Equatorial Guinea expressed its pride of being part of the Hispanic family and heritage, and that cooperation with OAS is a top priority for the government.