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s Moises Bda ADA]; Progressive Democratic Alliance or ADP [Victorino Bolekia BONAY]; Union of Independent Democrats of UDI [Daniel OYONO] Political pressure groups and leaders: NA International organization participation: ACCT, ACP, AfDB, AU, BDEAC, CEMAC, FAO, FZ, G-77, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ITU, MIGA, NAM, OAS (observer), OPCW, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WToO, WTO (observer) Diplomatic representation in the US: chief of mission: Ambassador Teodoro Biyogo NSUE chancery: 2020 16th Street NW, Washington, DC 20009 telephone: [1] (202) 518-5700 FAX: [1] (202) 518-5252 Diplomatic representation from the US: the US does not have an embassy in Equatorial Guinea (embassy closed September 1995); the US ambassador to Cameroon is accredited to Equatorial Guinea; 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) Economy Equatorial Guinea 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 neglect of the rural economy under successive regimes has diminished potential for agriculture-led growth (the government has stated its intention to reinvest some oil revenue into agriculture). A number of aid programs sponsored by the World Bank and the IMF have been cut off since 1993 because of corruption and mismanagement. No longer eligible for concessional financing because of large oil revenues, the government has been unsuccessfully trying to agree on a "shadow" fiscal management program with the World Bank and IMF. Businesses, for the most part, are owned by government officials and their family members. Undeveloped natural resources include titanium, iro
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