ea or APGE [Miguel Esono EMAN]; Popular Union or UP
[Andres 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, WTrO (observer)
Diplomatic representation in the US:
chief of mission: Ambassador Teodoro Biyogo NSUE
chancery: 2020 16th Street NW, Washington, DC 20009
FAX: [1] (202) 518-5252
telephone: [1] (202) 518-5700
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 m
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