Financial & Business Association
of Euro-Asian Cooperation
FBA EAC develops business ties with the Republic of Guinea-Bissau
On May 30, 2022, as part of a working trip to Guinea-Bissau, Alexander Biryukov, Head of the FBA EAC Representative Office in West Africa and Mauritania, met with the Prime Minister of the Republic of Guinea-Bissau, Nuno Gomes Nabiam.
During the meeting, possible areas of cooperation between the country's business structures and the FBA EAC were discussed. For a more detailed acquaintance with projects that may be of interest to the members of the Association, the program of stay provides for negotiations with a number of ministers of the Government of the Republic of Guinea-Bissau.
Reference:
Guinea-Bissau is a small country in West Africa on the coast of the Atlantic Ocean. The territory of the country consists of the continental part and many (about 60) coastal islands. The total area is 36,125 km2.
Until 1973, Guinea-Bissau was a colony of Portugal. The official language is Portuguese.
The population of Guinea-Bissau is 2,060,071 people (2022). More than a third are representatives of the Balante people and their kindred Manjak, Pepel, Mankanya, Bolu and others, engaged mainly in agriculture and professing traditional African religions. Another large ethnic group, the Fulbe, profess Islam. The coastal areas are most densely populated, where the main cities are located — Bissau, Bolama, Kasheu, Bafata, Farin.
The economy is based on agriculture and fishing. The main food crop is rice. Corn and tapioca are also grown. The country exports mainly food and raw materials: cashew nuts, oil palm processing products, peanuts, copra, animal skins and wood. The cost of imports (mainly manufactured goods and food) significantly exceeds the income from exports. Portugal remains the main foreign trade partner. Other partners are Senegal, Ivory Coast, Spain, India, the Netherlands, China, Germany and Nigeria.
During the meeting, possible areas of cooperation between the country's business structures and the FBA EAC were discussed. For a more detailed acquaintance with projects that may be of interest to the members of the Association, the program of stay provides for negotiations with a number of ministers of the Government of the Republic of Guinea-Bissau.
Reference:
Guinea-Bissau is a small country in West Africa on the coast of the Atlantic Ocean. The territory of the country consists of the continental part and many (about 60) coastal islands. The total area is 36,125 km2.
Until 1973, Guinea-Bissau was a colony of Portugal. The official language is Portuguese.
The population of Guinea-Bissau is 2,060,071 people (2022). More than a third are representatives of the Balante people and their kindred Manjak, Pepel, Mankanya, Bolu and others, engaged mainly in agriculture and professing traditional African religions. Another large ethnic group, the Fulbe, profess Islam. The coastal areas are most densely populated, where the main cities are located — Bissau, Bolama, Kasheu, Bafata, Farin.
The economy is based on agriculture and fishing. The main food crop is rice. Corn and tapioca are also grown. The country exports mainly food and raw materials: cashew nuts, oil palm processing products, peanuts, copra, animal skins and wood. The cost of imports (mainly manufactured goods and food) significantly exceeds the income from exports. Portugal remains the main foreign trade partner. Other partners are Senegal, Ivory Coast, Spain, India, the Netherlands, China, Germany and Nigeria.