AGP Executive Report
Last update: 11 hours agoRussia Ties: President Vladimir Putin said Russia and Equatorial Guinea could expand trade and investment in energy and mining, but acknowledged bilateral trade is modest and has declined. He said a proposed intergovernmental commission could help reverse the trend. Gas Cooperation: At the Moscow Gas Exporting Countries Forum summit, Equatorial Guinea joined members in backing fairer gas pricing, crisis-response coordination and stronger protection for supply chains and infrastructure. Telecoms Investment: Officials are speeding up work on TELGESA, a planned partnership with EGSA LOITA. KPMG is assessing GECOMSA’s assets, including 84 telecom towers, to determine the state’s share ahead of a targeted agreement by month-end. Import Costs: CMA CGM has introduced peak-season surcharges on shipments from China to Equatorial Guinea: $350 per 20-foot container and $700 per 40-foot container, on top of base freight and other fees.
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