Živković Samardžić Appointed as the Legal Advisor to the Republic of Equatorial Guinea

by ZS Law

Živković Samardžić has been appointed as the legal advisor to the Republic of Equatorial Guinea relating to the negotiations and conclusion of commercial agreements with Serbian companies for the purchase of goods as well as to providing all additional legal services and consultations required by this country regarding its business operations in Serbia.

Earlier this year the highest state officials of the Republic of Serbia and the Republic of Equatorial Guinea held several meetings during official visits to the countries and announced that the two countries were to sign important agreements on cooperation in different industries. As a result, the two countries raised the level of economic cooperation at the same time achieving benefit from mutual cooperation, exchange of experiences and improvement of economic and trade exchange.

Within that cooperation, numerous commercial agreements for the purchase of food products, household and consumer goods produced by various Serbian companies were concluded the last few days, while it is expected that the agreements which currently are in negotiation process will also be realized this month.

The Republic of Equatorial Guinea is one of the smallest countries on the African continent, located in the Central Region next to the Gulf of Guinea and it is the only Spanish-speaking country in Africa. Despite being one of the smallest countries on the continent, the Republic of Equatorial Guinea is a country in continuous development and with precious natural resources. In the late 1990s, American multinationals discovered significant reserves of crude oil and natural gas, resources that began to contribute to the global energy supply in recent years. In the last decade, the international visibility of the Republic of Equatorial Guinea has grown exponentially and the country is postulated as a pillar of stability and security in the Central African sub-region.

The Živković Samardžić team that provides legal support to the Republic of Equatorial Guinea consists of Partner Igor Živkovski and Associate Teodora Milošević.

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