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Equatorial Guinea Holds Business Forum With Ukraine

Prime Minister of Equatorial Guinea, Vicente Ehate Tomi, hosts business forum to develop economic ties with Ukraine

MALABO, Equatorial Guinea, Oct. 3, 2012 /PRNewswire-USNewswire/ -- Equatorial Guinea's prime minister, Vicente Ehate Tomi, hosted the Minister of Foreign Affairs of Ukraine, Yevhen Mykytenko, at a business forum September 19 in the capital city of Malabo. Minister of Economy, Commerce and Business Celestino Bonifacio Bakale Obiang also played a prominent role in the forum.

The Government of Equatorial Guinea held the business forum as part of continuing efforts to strengthen economic ties with non-traditional trade partners. At the three-day forum, the Ukrainian Prime Minister expressed Ukraine's interest in finding the best business opportunities worldwide.

Equatorial Guinea recently signed investment protection agreements with the Ukraine and is looking to further extend cooperation in the realm of human resources, which has been the partnership's main focus to date. To this effect, Minister Bakale Obiang said, "Ukrainians and Equatorial Guineans must look to the future with optimism and get the highest quality work, which is the highest reward for a job well done." As part of the partnership, Equatorial Guinea sends 10 university students on scholarships to the Ukraine each year.

Equatorial Guinea is investing in strengthening national education efforts in order to build a country with higher technical capabilities. Minister Bakale Obiang also highlighted in the business forum Equatorial Guinea's goal to continue developing a climate that is conducive to doing business.

About Equatorial Guinea
The Republic of Equatorial Guinea (Republica de Guinea Ecuatorial) is the only Spanish-speaking country in Africa, and one of the smallest nations on the continent. In the late-1990s, American companies helped discover the country's oil and natural gas resources, which only within the last five years began contributing to the global energy supply. Equatorial Guinea is now working to serve as a pillar of stability and security in its region of West Central Africa. The country hosted the 2011 Summit of the African Union, 2012 Africa Cup of Nations and 2012 Leon H. Sullivan Summit. For more information, visit

SOURCE Republic of Equatorial Guinea