The Republic of Equatorial Guinea and China sign high-level agreements to strengthen political and economic relationship

Date: Apr 2015
  • Several cooperation agreements and memoranda of understanding made
  • Export-Import Bank of China extends line of credit to Equatorial Guinea
  • Equatorial Guinea to host economic forum in Dalian April 30

The Republic of Equatorial Guinea has entered into new agreements with the People’s Republic of China, further solidifying economic and cooperative ties between the two countries. The agreements will also strengthen the political relations of both countries, bolstered by technical, financial and political support from China for the industrialization of Equatorial Guinea.

In a ceremony in Beijing on Tuesday, H.E. Teodoro Obiang Nguema Mbasogo, President of Equatorial Guinea, met with China President Xi Jinping, reaching a number of agreements and signing memoranda of understanding.

These include a cooperation agreement between the Ministry of Foreign Affairs and International Cooperation of Equatorial Guinea for mutual realization of diplomatic consultation. The two countries reached a commercial agreement on economic and technological cooperation for the support of the Telecommunications Infrastructure Manager of Equatorial Guinea. In addition, the governments signed a cooperation agreement to build hospitals and train teachers in Equatorial Guinea.

The Export-Import Bank of China and the Ministry of Finance and Budget of Equatorial Guinea signed a memorandum of understanding to extend a line of credit to Equatorial Guinea. Lastly, Equatorial Guinea finalized a macro strategic cooperation agreement with the China insurance agency SINOSURE and the Industrial and Commercial Bank of China.

The Beijing meetings will be followed by an official visit by H.E. President Obiang Nguema Mbasogo in the northeastern city of Dalian, where high-level talks with potential Chinese investors will continue. The Government of Equatorial Guinea is hosting the Equatorial Guinea-Asia Economic Forum on April 30 in Dalian, in which several companies across multiple economic sectors have been invited to learn about investment opportunities in Equatorial Guinea.

Cesar Hinestrosa

Ruben Huertas
+240 551 664288

Visit the Equatorial Guinea-Asia Economic Forum website:

The information on this page may have been provided by a contributor to ChinaGoAbroad, and ChinaGoAbroad makes no guarantees about the accuracy of any content. All content shall be used for informational purposes only. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting such content (including texts, pictures, photos and diagrams) to ChinaGoAbroad for publication. ChinaGoAbroad disclaims all liability arising from the publication of any content/information (such as texts, pictures, photos and diagrams that infringe on any copyright) received from contributors. Links may direct to third party sites out of the control of ChinaGoAbroad, and such links shall not be considered an endorsement by ChinaGoAbroad of any information contained on such third party sites. Please refer to our Disclaimer for more details.