posted by www.equatorialguineaonline.com – February 27th, 2012
The Economic and Monetary Community of Central Africa (CEMAC) has published a report on the Strategic Pillars for 2009-2015 of the Regional Economic Program (PER) and its future vision to make the CEMAC in 2025 an integrated economic and emerging area.
The institution that integrates Equatorial Guinea, Cameroon, Gabon, Congo, Chad and Central African Republic, said in its report, published recently in Yaounde that in 2025 CEMAC will be a dynamic energy center, provider of abundant quality energy and provider of food security.
For this ambitious project, the institution has chosen to address in a coordinated fashion the current financial crisis, strengthening human capabilities, fighting inflation and creating a database on foreign trade statistics.
To achieve the goal by 2025, the CEMAC recommends its member countries to enable the free movement of goods and people, the interconnection of customs administrations in Central Africa, the improvement of border crossings and strengthening cooperation with countries like Nigeria, Sudan and Niger.
It also suggests strengthening the physical integration, infrastructures, the union of all the capitals of the CEMAC by paved roads and building a more integrated economic area in the context of a territorial organization policy.
They must also interconnect power grids, build dams, develop a fiber-optic networks, interconnect telecommunications networks and harmonize both the legislative and regulatory frameworks in the postal sector, such as telecommunications.