GABON SHOULD SEIZE HIGH OIL PRICE OPPORTUNITIES TO BOOST GENERAL ECONOMY – WTO
October 1st, 2007
BY KEITH NUTHALL
A WORLD Trade Organisation assessment of oil-rich central African republic Gabon claims it should exploit current wealth generated by high oil prices to boost its general infrastructure, improve governance and increase fair competition within its economy. "Oil resources could still be used, before reserves are depleted, to improve infrastructure and reduce production and transaction costs," it concluded.
ENDS
A WORLD Trade Organisation assessment of oil-rich central African republic Gabon claims it should exploit current wealth generated by high oil prices to boost its general infrastructure, improve governance and increase fair competition within its economy. "Oil resources could still be used, before reserves are depleted, to improve infrastructure and reduce production and transaction costs," it concluded.
ENDS
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