Equatorial Guinea looks to boost ties with LatAmSouce:Xinhua Publish By Thomas Whittle Updated 24/01/2013 8:54 pm in World / no comments
BRASILIA, Jan. 23 — Equatorial Guinea looks forward to expanding ties with Brazil and other South American countries, Minister of Foreign Affairs Agapito Mba Mokuy said here Wednesday.
Mokuy, who is on an official visit to Brazil, said that as a host of the upcoming Africa-South America Summit scheduled for Feb.22 and 23, his country believes the summit will create an ideal opportunity to broaden economic and trade agreements among the countries.
Equatorial Guinea hopes to speed up development by promoting construction business and improving its service sector and welcomes Brazilian companies to seize the opportunities, said Mokuy.
Brazilian President Dilma Rousseff is planning to attend the biregional summit, which was canceled due to the political upheavals in several Africa countries last year.
With the per capita income of 19,000 U.S. dollars a year and significant oil productions, Equatorial Guinea is one of the richest countries in Africa.