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Equatorial Guinea participates in the meeting of Ministers of the G77+China

posted by: equatorialguinea.com December 8th, 2014

n November 28 and 29, in the city of Tarija, Bolivia, an Equatorial Guinean delegation participated in the meeting of Ministers of the G77+China, sponsored by the Government of Bolivia, as the current Chairman of that organization and UNIDO (United Nations Industrial Development Organization).

06/12/2014

The delegation of Equatorial Guinea was composed of the Secretary of State for Mines, Santiago Mba Eneme Nsuga, representing Gabriel Mbega Obiang Lima, Minister of Mines, Industry and Energy; the Director Generals of EITI and Industry, Cesar Augusto Hinestrosa Gomez and  Damaso Coral Zamora, and two technicians from the same Ministry.

The meeting was opened by the President of the Plurinational State of Bolivia, Evo Morales, who mentioned in his speech the importance of South-to-South cooperation and the need for revision of exploitation contracts with companies to obtain greater benefit from producing countries.

On this occasion, the meeting focused on the discussion on the governance of natural resources and industrialization. In this sense, Santiago Mba Eneme Nsuga made a presentation during the second day, entitled, “Diversification as a key to industrialization,” showing the economic and social development achieved in the Republic of Equatorial Guinea, thanks to good governance of natural resources.

The delegation took the opportunity to hold bilateral meetings of interest which include the one held with the leadership of the Ministry of Hydrocarbons and Energy, led by the Minister Juan Jose Sosa Soruco, with whom they discussed issues of interest for both governments related to the sector in question.

The meeting was adjourned on November 29, collecting all the recommendations made by the group. Thus the Delegation returned to Malabo on December 1.

The G77 is a group created by developing countries in order to help, sustain and support each other in the deliberations of the UN. In 2014, chaired by by the Plurinational State of Bolivia and the group has reached 133 members, of which Equatorial Guinea is a part. In 2015, the rotating chairmanship will belong to South Africa. For more information: www.g77.org

Source: Ministry of Mines, Industry and Energy
Equatorial Guinea’s Press and Information Office