On July 22, 2012,
representatives from Equatorial Guinea attended the 23rd Ordinary Session of
the Council of Ministers of the Economic Union of Central Africa (UEAC) in Brazzaville, Republic of
Congo, to discuss the reform of public markets, the ratification of the revised
treaties and conventions signed several years ago; the Economic and Regional
Programme (PER), and securing funding for the community.
The meeting was a
preparatory meeting for the Central African Economic and Monetary
Community (CEMAC), which President Obiang attended. The Ministers at the UEAC meeting developed a list of
community projects that were later submitted to the heads of State for
approval. The projects discussed included the Regional Economic Program and the
improvement of governance.
Baltasar Engonga
Ebjo, Minister of State for the Presidency in charge of Regional Integration,
and Marcelino Owono Edu, Minister of Finance and Budgets, participated in the
meeting as representatives from Equatorial Guinea.
The CEMAC is consisted of members from
Equatorial Guinea, Cameroon, the Democratic Republic of Congo, Gabon, Chad and
the Central African Republic. Together, the members strive to promote regional
economic cooperation.
