ess of Equatorial Guinea or PPGE [Severo
MOTO]; Popular Action of Equatorial Guinea or APGE [Miguel Esono
EMAN]; Popular Union or UP [Andres Moises Bda ADA]; Progressive
Democratic Alliance or ADP [Victorino Bolekia BONAY, mayor of
Malabo]; Union of Independent Democrats of UDI [Daniel OYONO]
Political pressure groups and leaders: NA
International organization participation: ACCT, ACP, AfDB, BDEAC,
CEEAC, CEMAC, ECA, FAO, FZ, G-77, IBRD, ICAO, ICRM, IDA, IFAD, IFC,
IFRCS, ILO, IMF, IMO, Intelsat, Interpol, IOC, ITU, NAM, OAS
(observer), OAU, OPCW, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO,
WToO, WTrO (applicant)
Diplomatic representation in the US: chief of mission: Ambassador
Teodoro BIYOGO NSUEA
chancery: 2020 16th Street NW, Washington, DC 20009
telephone: [1] (202) 518-5700
FAX: [1] (202) 528-5252
Diplomatic representation from the US: chief of mission: Ambassador
John M. YATES; note - the US does not have an embassy in Equatorial
Guinea (embassy closed September 1995); US relations with Equatorial
Guinea are handled through the US Embassy in Yaounde, Cameroon; the
US State Department is considering opening a Consulate Agency in
Malabo
Flag description: three equal horizontal bands of green (top),
white, and red with a blue isosceles triangle based on the hoist
side and the coat of arms centered in the white band; the coat of
arms has six yellow six-pointed stars (representing the mainland and
five offshore islands) above a gray shield bearing a silk-cotton
tree and below which is a scroll with the motto UNIDAD, PAZ,
JUSTICIA (Unity, Peace, Justice)
Equatorial Guinea Economy
Economy - overview: The discovery and exploitation of large oil
reserves have contributed to dramatic economic growth in recent
years. Forestry, farming, and fishing are also major components of
GDP. Subsistence farming predominates. Although pre-independence
Equatorial Guinea counted on cocoa production for hard currency
earnings, the deterioration of the rural economy under successive
brutal regimes has diminished potential for agriculture-led growth.
A number of aid programs sponsored by the World Bank and the IMF
have been cut off since 1993 because of the government's gross
corruption and mismanagement. Businesses, for the most part, are
owned by government officials and their family members. Undeveloped
natural resources include titanium, iron ore, manganese, uranium,
and alluvial gold. The country resp
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