YAOUNDE, March 17 (Xinhua) -- The 15th Ordinary Session of the Conference of Heads of State of the Central African Economic and Monetary Community (CEMAC) opened Friday in the Cameroonian capital Yaounde where leaders of the six-member states of CEMAC seek ways to foster regional integration.
The sub-region faces multiple challenges which have weakened the CEMAC economies, which have barely recovered from the pernicious effects of the COVID-19 pandemic, said Cameroonian President Paul Biya while opening the summit.
"We must stay faithful to our national and regional commitments in order to promote peace and progress in our respective countries and sub-region. For that to happen, solidarity should remain the keyword," Biya said in his opening speech.
The one-day summit will seek to react "vigorously" to the new environment created by the conflict in eastern Europe, by adopting strategic and operational measures. The major challenge is to preserve food security and to put in place the conditions for the resumption of strong, inclusive and sustainable economic growth, said a press statement announcing the summit.
CEMAC member countries, including Cameroon, Chad, the Central African Republic, Equatorial Guinea, Gabon and the Republic of the Congo, aim to promote peace and the harmonious development of its member states, in the framework of establishing an economic union and a monetary union.