Equatorial Guinea is a small country in Africa, and many small islands live in the Gulf of Guinea. The geographer has a population of over 600,000 people, it seems to be a more isolated area. Scientists are using it for research, the national geographer Morrel said, "It is a living laboratory to study how plants and animals evolve in isolation. Equatorial Guinea is known for what is believed to be known well-known, and it was not until 1996 that they changed their lives.
Equatorial Guinea is a member of the Africa Business Law Coordinating Organization (OHADA). Equatorial Guinea is trying to be recognized as a country that is committed to improving the transparency of petroleum income reporting and the wise use of natural resources, in compliance with the mining industry transparency initiative (EITI). That country ran for February 22, 2008. Then, in cooperation with civil society and enterprises, implement EITI, appoint an officer to lead the implementation of EITI, establish a fully costly work plan including measurable goals, implementation schedule, and capacity limitation assessment It is necessary to fulfill a series of obligations, such as publishing. However, when the Equatorial Guinea applied for the extension of the EITI verification completion deadline, the EITI Committee did not agree to the extension.
The current President of Equatorial Guinea is Teodoro Obin. In 1982, the Equatorial Guinea Constitution granted him extensive authority, including naming and dismissal of cabinet members, enactment of laws by warrants, dissolution of the House of Representatives, negotiations and ratification of treaties, and actions as the military's highest commander It was. Francisco Pascal Prime Minister Obama Ashue was appointed by Obiane and operated under the authority approved by the president. During his 30-year rule, Ovien showed some tolerance against the opponents. That country is nominally multi party democracy, but that election is often considered a fraud. According to Human Rights Watch, president Obuan's dictatorship has used oil boom to further strengthen and enrich itself by sacrificing the people of the country. Since August 1979, about 12 actual failed coup attempts actually occurred happened.