The past 28 and 29 November in the city of Tarija, Bolivia, took place the meeting of the Group77 + China Ministers , sponsored by the Government of Bolivia, as the turn Chairman of this organization and the UNIDO (United Nations Industrial Development Organization industrial). The delegation of Equatorial Guinea was composed by the Secretary of State for Mines, HE Mr. Santiago Mba Eneme Nsuga, representing the Hon. Mr. Gabriel Mbega Obiang Lima , Minister of Mines, Industry and Energy; the General Directors of EITI and Industry , Mr. Cesar Augusto Hinestrosa Gomez and Mr. Damaso Zamora Coral, and two technicians from the same Ministry. The meeting was opened by the President of the Plurinational State of Bolivia, the Hon. Mr. Evo Morales, who mentioned in his speech the importance of South-South cooperation and the need for a review of the exploration contracts with companies to obtain a great benefit for the producers.
This time the meeting was devoted to discussion on the governance of natural resources and industrialization. In this sense, during the second day, Mr. Santiago Mba Eneme Nsuga made a presentation entitled “Diversification as a key to industrialization,” where were shown the economic and social development achieved in Equatorial Guinea, thanks to the good governance of natural resources. The delegation took the opportunity to hold meetings of bilateral interest, as was done with leaders of the Ministry of Hydrocarbons and Energy of Bolivia, led by Minister HE Juan José Sosa Soruco; where they were treated and discussed interest topics to the two Governments relating to the concerned sector . The meeting was closed on November 29, compiling all the recommendations made by the group. And the delegation returned to Malabo on 1 December. The G77 is a group created by developing nations, in order to help, sustain and support each other in UN resolutions. In 2014, the turn Chairmanship was occupied by the Plurinational State of Bolivia and reached 133 members of which Equatorial Guinea is a member. In 2015, the rotating Chairmanship will be to South Africa. You can get more information through www.g77.org.