, Tomas MICHEBE Fernandez, general secretary;
National Democratic Union (UDENA), Jose MECHEBA Ikaka, president;
Democratic Social Union (UDS), Jesus Nze Obama Avomo, general
secretary; Popular Union (UP), Juan Bitui, president
Member of:
ACCT, ACP, AfDB, BDEAC, CEEAC, ECA, FAO, FZ, G-77, IBRD, ICAO, IDA,
IFAD, IFC, ILO, IMF, IMO, INTELSAT (nonsignatory user), INTERPOL, IOC,
ITU, LORCS (associate), NAM, OAS (observer), OAU, UDEAC, UN, UNCTAD,
UNESCO, UNIDO, UPU, WHO
Diplomatic representation in US:
chief of mission:
Ambassador DAMASO Obiang Ndong
chancery:
(temporary) 57 Magnolia Avenue, Mount Vernon, NY 10553
telephone:
(914) 738-9584 or 667-6913
FAX:
(914) 667-6838
US diplomatic representation:
chief of mission:
Ambassador John E. BENNETT
embassy:
Calle de Los Ministros, Malabo
mailing address:
P.O. Box 597, Malabo
telephone:
[240] (9) 2185, 2406, 2507
FAX:
[240] (9) 2164
Flag:
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)
@Equatorial Guinea, Economy
Overview:
Agriculture, forestry, and fishing account for about half of GDP and
nearly all exports. Subsistence farming predominates. Although
pre-independence Equatorial Guinea counted on cocoa production for
hard currency earnings, the deterioration of the rural economy under
successive brutal regimes has diminished potential for agriculture-led
growth. A number of AID programs sponsored by the World Bank and the
international donor community have failed to revitalize export
agriculture. There is little industry; businesses for the most part
are owned by government officials and their family members. Commerce
accounts for about 8% of GDP and the construction, public works, and
service sectors for about 38%. Undeveloped natural resources include
titanium, iron ore, manganese, uranium, and alluvial gold. Oil
exploration, taking place under concessions offered to US, French, and
Spanish firms, has been moderately successful. Increased production
from recently discovered natural gas fields will provide a greater
share of export
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