Gabon

Герб
 Флаг
 

Coat of arms: the supporters of the symbol are panthers which symbolize the vigilance and courage of the president who protects the nation. The bezants (golden discs) in chief of the shield symbolize the mineral wealth of the country. The ship at the lower part represents Gabon moving towards a brighter future. According to Briggs, «green represents the great dense forests; yellow, the sun; blue, the sea; and black, the people of Africa». The okoumé tree at the top of the shield symbolizes the timber trade.

The coat of arms is unusual in having two ribbons with mottos in two different languages. The ribbon below the shield has a motto in French «UNION, TRAVAIL, JUSTICE» («Unity, Work, Justice»). The second ribbon is placed beneath the branches of the okoumé tree and has a motto in Latin «UNITI PROGREDIEMUR» («We shall go forward united»).

Flag: is a tricolour consisting of three horizontal green, yellow and blue bands. The colours and symbols of the flag carry cultural, political, and regional meanings. The yellow alludes to the Equator — which cuts across the country — and also symbolizes the sun. The green epitomizes the natural resources of Gabon, as well as its «extensive forested area». The blue represents the sea, specifically the South Atlantic Ocean along which the country has an «extensive coast».
 
  • Anthem: «La Concorde» is the national anthem of Gabon. Written and composed by Georges Aleka Damas, it was adopted upon independence in 1960.
  • Official languages: French.
  • Geographical location: is a country on the west coast of Central Africa. Located on the equator, Gabon is bordered by Equatorial Guinea to the northwest, Cameroon to the north, the Republic of the Congo on the east and south, and the Gulf of Guinea to the west.
  • Administrative divisions: Gabon is divided into nine provinces, which are further subdivided into 50 departments. The president appoints the provincial governors, the prefects, and the subprefects.
  • Capital: Libreville.
  • Governance: Gabon is a republic with a presidential form of government under the 1961 constitution (revised in 1975, rewritten in 1991, and revised in 2003). The president is elected by universal suffrage for a seven-year term; a 2003 constitutional amendment removed presidential term limits and facilitated a presidency for life. Gabon has a bicameral legislature with a National Assembly and Senate. The National Assembly has 120 deputies who are popularly elected for a 5-year term. The Senate is composed of 102 members who are elected by municipal councils and regional assemblies and serve for 6 years.  
  • Population: 1.61 million
  • Currency: Central African CFA franc.
  • GDP: $34,41 billion.
  • Time zone: GMT +1.
  • Telephone code: +241.
  • Barcode: 266.

 

Trade and economic cooperation betweenBelarus and Gabon

By GDP per capita Gabon is one of the richest countries of Sub-Saharan Africa. The country is rich in oil, gas, manganese and uranium ore. In 2016 oil accounted for about 80% of Gabon’s exports, 45% of its GDP and 60% of government revenues.

Nowadays Gabon is interested in importing engineering products (trucks, road-construction machinery, loading and special-purpose machinery, etc.), because a lot of construction and infrastructure projects are being implemented in the country.

In addition, Gabon needs frozen meat products, milk, flour, vegetable oil, sugar and confectionery. At present, food prices (most food products are supplied from Europe by sea) are overevaluated, thus setting of relatively low prices would allow Belarusian companies to enter this market.

Social housing is one of the national priorities, so the authorities take efforts to build the social housing units in all big cities of the country using modular technology.

Gabon does not produce enough energy, so it is very interested in building of power plants and modular waste-to-energy plants.

Gabon's Most Valuable Export Products in 2016:

  • Crude oil;
  • Wood;
  • Manganese;
  • Uranium.

Gabon's Most Valuable Import Products in 2016:

  • Machinery and equipment;
  • Food products;
  • Chemicals;
  • Construction materials.

In 2016, Belarusian exports to Gabon decreased by 80.8% to $204.7 thousand as compared to 2015. Belarus lost $501.8 million. In 2016, it started to supply trucks ($160 thousand) and halted to supply nitrogenous fertilizers ($661.8 thousand) to Gabon.

Data on mutual trade between Belarus and Gabon

Years

Turnover

Exports

Imports

Surplus

2012

1630.7

1630.7

1630.7

2013

1813.8

1813.8

1813.8

2014

55.0

55.0

55.0

2015

1065.9

1065.9

1065.9

January — September 2016

204.7

204.7

204.7

Dynamics, %

19.2

19.2

 

Belarus's most promising products to export to Gabon:

  • Milk concentrated and in powder, cheese, yogurt;
  • Sunflower oil;
  • Preserved fish (except herring);
  • Confectionery (candies, biscuits, marshmallow);
  • Wines, liqueurs;
  • Chlorine to purify water;
  • Building paints, varnishes;
  • Cosmetics, perfumes and toilet waters;
  • Constructional elements, plates, tubes, hoses of plastics;
  • Tubes, pipes, hoses of rubber;
  • Tyres;
  • Handbags, suitcases;
  • Napkins, towels of paper;
  • Stationery of paper and paperboard;
  • Carpets (prayer rugs);
  • Knitted clothing;
  • Corsetry;
  • Bed linen, table linen, toilet linen and kitchen linen;
  • Curtains, drapes;
  • Shawls;
  • Tarpaulins, awnings and sunblinds;
  • Women's wigs;
  • Sanitary ware;
  • Containers for compressed or liquefied gas;
  • Aluminium structures;
  • Tool kits for retail trade;
  • Switchboards;
  • Refrigerators, freezers;
  • Road construction and construction machinery;
  • Agricultural machinery and mowers;
  • Electrical transformers;
  • Uninterruptible power systems;
  • Accumulators;
  • Generators;
  • Power-driven pumps;
  • Microphones, loudspeakers, sound amplifiers;
  • Video recording apparatus;
  • Radio navigational aid apparatus;
  • Monitors and projectors;
  • Insulated wire, cables;
  • Optical fibre cables;
  • Motorcycles;
  • Instruments and apparatus;
  • Children's toys.

 

This article has been prepared on the basis of information provided by the National Centre for Marketing and Price Study of the Ministry of Foreign Affairs, and the Embassy of the Republic of Belarus in the Federal Republic of Nigeria, and taken from public sources. The information presented herein is for informative purposes only. In this regard, it may be useful for the companies, which have been working in Gabon for a long time, as well as for those, which are going to enter this market. Any questions, feedbacks and comments concerning this article are welcome. All of them will be fully considered and taken into account, if possible. If you have any information that may be interesting and useful for the visitors of this page, please write to us.

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