Libreville, Gabon – (African Boulevard News) – Central African Economic and Monetary Community (CEMAC) has decided to suspend Gabon following the recent coup attempt by General Brice Oligui Nguema. This move comes as General Nguema was sworn in as the transitional president on Monday, solidifying his control over the country.
The decision to suspend Gabon was made during an emergency summit of CEMAC member states held in Brazzaville, Republic of Congo. The bloc expressed concern over the instability caused by the coup attempt and its potential repercussions for the region.
In a statement, CEMAC emphasized its commitment to democratic principles and the respect for constitutional order. By suspending Gabon, the bloc aims to exert pressure on General Nguema’s government to restore democratic governance and uphold the rule of law.
The suspension means that Gabon will be excluded from participating in CEMAC’s decision-making processes and will face economic sanctions. This move is significant as CEMAC member states, including Gabon, share a common currency, the Central African CFA franc, which is pegged to the euro.
According to regional experts, the suspension might have serious consequences for the Gabonese economy, including restrictions on trade and financial transactions. The country heavily relies on its membership in CEMAC for economic stability and integration with the broader Central African region.
Speaking about the decision, political analyst Jean de Dieu Mamboka highlighted the importance of regional blocs in promoting democratic values and stability. He stated, “CEMAC’s decision sends a strong message that coups and attempts to seize power are not acceptable in our region. It is crucial for Gabon to restore democratic governance to ensure stability and attract investments.”
The suspension of Gabon by CEMAC is expected to put pressure on General Nguema to engage in dialogue with opposition leaders and work towards an inclusive and democratic transition. The international community has also condemned the coup attempt and called for a peaceful resolution to the crisis.
As the situation in Gabon unfolds, neighboring countries and international organizations are closely monitoring developments. The African Union and the United Nations have expressed their support for CEMAC’s decision and called for a peaceful resolution to the crisis in Gabon.
In conclusion, CEMAC’s suspension of Gabon following the coup attempt by General Nguema underscores the region’s commitment to democratic governance and the rule of law. The decision will exert economic and political pressure on Gabon, urging the government to restore stability and engage in inclusive dialogue. The international community stands ready to support efforts towards a peaceful resolution and the return to democratic governance in Gabon.
