Luanda — Angolan Foreign minister, Assunção dos Anjos, Sunday in Luanda, spoke out for a concerted, wise and responsible management of the resources of the Gulf of Guinea Commission region, to the interest of the future generations.

Assunção dos Anjos was addressing the opening of the 4th session of the Council of Ministers of the Gulf of Guinea Commission member countries, preparing the 2nd Ordinary Summit of heads of State and Government, set for November 25 in Luanda.

The minister also spoke of the need of the member countries of the organisation to seek solutions and appropriate strategies for a harmonious development of the sub-region.

According to him, the Gulf of Guinea enjoys a geo-strategic position of vital interest, linked to other African sub-regions.

To him, the region presents a comparative advantage in the definition and implementation of norms in terms of environment, security and development.

He mentioned an international study that indicates that a combined oil production among the member states of the Gulf of Guinea Commission surpasses five million barrels a day, representing about 16 percent of the world production.

The minister also recalled that the natural resources from the Gulf of Guinea sub-region includes the Congo Basin, covering an area of about two million square kilometres.

Assunção dos Anjos said the potential of the Gulf of Guinea is covetted by many international economic operators, hence the need for a concerted, wise and responsible management of the resources, to the interest and benefit of the future generations.

To him, the meeting of ministers of the region is particularly important as it is taking place at a time characterised by the world financial crisis, political instability and insecurity in member countries, which requires a pro-active, coordinated, effective, vigorous and timely action.

He considered as worrying the situation in the eastern region of the Democratic Republic of Congo that has so far displaced more than two million people and threatens to prompt a wage of refugees into the neighbouring countries.