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Economy

Angola and Equatorial Guinea strengthen cooperation in diplomacy, finance and energy

The ministers of Foreign Affairs of Angola and Equatorial Guinea agreed this Wednesday on a set of actions to strengthen cooperation in different areas, including diplomacy, finance, mineral and oil resources and mobility.

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"The two delegations agreed to implement actions to strengthen cooperation in different areas, namely, Political-Diplomatic; Defence, Security and Public Order; Economy, Finance and Investment; Health; Industry; Commerce; Agriculture; Fisheries; Mineral Resources and Petroleum; Public Works; Transport; Education and Vocational Training; Justice and Human Rights; Mobility; Telecommunications and New Information Technologies; Tourism and Culture, among other areas", reads a statement released at the end of the second session of the permanent joint cooperation commission. between Angola and Equatorial Guinea.

In the joint communiqué signed by the two countries, the parties announced that they had agreed to sign a Memorandum of Understanding on Mutual Political and Diplomatic Consultations and a Memorandum of Understanding between the Venâncio de Moura Diplomatic Academy of the Ministry of Foreign Affairs of the Republic and the Ministry of Foreign Affairs and Equatorial Guinea Cooperation.

The two countries "congratulated the joint efforts to hold the African Union (AU) Extraordinary Summit on Terrorism and Unconstitutional Regime Change in Africa, to be held on 28 May 2022 in Malabo, Republic of Equatorial Guinea, and urged all Member States to participate at the highest level".

In the statement, it is also said that the Minister of Foreign Affairs and Cooperation of the Republic of Equatorial Guinea, Simeon Oyono Esono Angue, was received by the President of Angola, João Lourenço, and it is emphasized that relations between the two countries are "excellent". ".

"From the economic and commercial point of view, Angola and Equatorial Guinea offer enormous potential to be explored, and it is therefore opportune to evaluate and consolidate the state of our cooperation, and on this basis, to envisage new initiatives with reciprocal advantages, which value the potential of the two countries", summarized the Angolan Foreign Minister, in a speech during the session of the permanent joint commission.

Angue said that the two countries agree on a development perspective conceived as "an integrating vision of the economic, social, environmental and peace and security domains", identified as the "core" of cooperation between them, he insisted on expanding the priorities of relations bilateral agreements to "promotion of business and investment, tourism and the services sector", among others, according to a statement from the Ministry of Foreign Affairs of Equatorial Guinea.

On the other hand, the head of Equato-Guinean diplomacy underlined the "duty" of the two countries to "conceive and adopt together all the strategies available to combat the scourges that most frequently threaten the sub-region" where they are, among they "the piracy in the Gulf of Guinea, from whose maritime zone emanates a large part of the natural resources that today made possible the level of development" that both countries have reached until today.

"We also want to take this opportunity to express our full and unconditional support for João Lourenço's initiative, to bring the fight against terrorism and the danger posed by the new unconstitutional tendency to rise to power in our region to the center of the continental debate", underlined Simeon Oyono Esono Angue, in a veiled criticism of the successive military coups that have taken place in the Sahel region since 2020.

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