Teodoro Nguema Obiang Mangue Promises A Change In Labor Relations

Equatorial Guinea Holds Inaugural Labor Conference

MALABO, Equatorial Guinea, Oct. 3, 2012 /PRNewswire-USNewswire/ -- The Government of Equatorial Guinea held its first Labor Conference to address labor issues as part of its efforts to move toward a sustainable economy. Teodoro Nguema Obiang Mangue, Second Vice President, in charge of National Defense and State Security, promised a change in labor relations and improved training for Equatoguineans. The conference took place in the Sipopo Conference Center located in the capital city of Malabo, from September 29 to October 1.

Second Vice President Obiang Mangue addressed the problems of the workers and the situations suffered by young people during their job search process. "The purpose of this First Labor Conference is to achieve satisfactory results for workers and those who are unemployed. The constant demand for employment by Equatoguineans has prompted me to look for strategies to try to be the voice of those without voice. The presence of members of the Government and other agencies here is to provide input on the employment issue to improve the country," said the Second Vice President.

In his speech, President Obiang Nguema Mbasogo said that "the development process in Equatorial Guinea is complex and difficult, because it is not about developing labor techniques drawing on the experiences of developed countries, nor adopting the laws by comparative principle, in order to create conditions favorable to workers. We are facing the need to analyze in depth what Equatorial Guinea has been in the past, the present and what it aspires to be in the future."

"We must analyze and understand what we have in the productive sector, the ability to increase this sector and the effectiveness of available workforce, as well as the possibilities of its increase in the future in order to achieve an approximation of the employment systems and labor regulations that suit our country. Equatorial Guinea is a country that has begun its journey of development without any financial means," continued Obiang Nguema Mbasogo, "and it has been difficult to get foreign capital established in the country, which has cost and continues to cost sacrifices to the developing economy, because of the lack of national businessmen in the country and the lack of technicians and specialists."

The Labor Conference is one of Teodoro Nguema Obiang Mangue's initiatives as Second Vice President.

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 http://www.guineaecuatorialpress.com.

SOURCE Republic of Equatorial Guinea

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