(Reportage) When Equatorial Guinea makes a point of honor to develop the South-South cooperation

The Equatorial Guinean Minister of Mines and Hydrocarbons, Gabriel Mbega Obiang Lima and the General Manager of the Tradex Group, Perrial Jean Nyodog, on December 17, 2018 at the Ministry of Mines in Malabo. Photo : Official website of the Government of Equatorial Guinea

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Douala, Cameroon (ADV) – Regional integration, development of cooperation in the CEMAC zone …, Equatorial Guinea is increasingly materializing South-South cooperation with its neighbors in the Central Africa sub region and many other African countries.

Indeed, a new page in the history of the Cameroonian company Tradex opened on December 17 in Equatorial Guinea and it is written in golden letters, with the approval of President Teodoro Obiang Nguema Mbasago. After 3 years of presence of the Cameroonian Group in Equatorial Guinea, Tradex obtained on Monday, its authorization for the distribution of petroleum products and derivatives in the country.

The signing ceremony of the framework agreement between the company and the Government of Equatorial Guinea, which took place in the presence of the Cameroonian Ambassador to Equatorial Guinea, was crystallized by the poignant speeches of the Equatorial Guinean Minister of Mines and Hydrocarbons, Gabriel Mbega Obiang Lima and Tradex Group Director, Perrial Nyodog.

Beyond this authorization that the Tradex Group now has for the construction of service stations in Equatorial Guinea, and commercializing of refined products derived from crude oil, Cameroonian and Equatorial Guinean also see in this economic and entrepreneurial approach, the strengthening of a successful South-South cooperation and a leading example for the sub-regional integration in the Cemac Zone, but also and especially the development of economic and commercial links between the countries of the sub-region, and in this case, between Yaoundé and Malabo.

It is in this sense that Tradex’s director, Perrial Nyodog, paid tribute to President Teodoro Obiang Nguema of Equatorial Guinea for his actions in favor of the economic development of the African continent, but also for his commitment to the subregional integration of the Cemac area; which makes it possible, very clearly, to materialize the free circulation of goods and people and to strengthen trade.

In this respect, he set for himself the goal of putting in place, and this for several years now, a policy that enables businesses in the Central African sub region and other countries of the continent to establish themselves in Equatorial Guinea and to promote the development of the country, but also that of its neighbors.

To this end, it is important to stress that, in the spirit of the Government of Equatorial Guinea, as stated by Minister Obiang Lima, on the occasion of the signature, the most important thing in this partnership remains: the spirit of developing subregional cooperation; because policies set the path, push for integration, and for that, companies must follow, so that people are trained in this movement.

As a sub-regional company, the Tradex group, initially present at the national level in Cameroon, is now present in the Central African Republic, Chad, and now in Equatorial Guinea; and intends to continue its expansion in all countries of the Central African subregion.

© Bur-csa – A.H – N.A / From our regional correspondent Vanessa Ngadi Kwa – African Daily Voice (ADV) – Follow us on Twitter : @ADVinfo_eng