Gabon has followed a non-aligned policy, advocating dialogue in international affairs and recognizing both parts of divided countries. Since 1973, the number of countries establishing diplomatic relations with Gabon has doubled. In inter-African affairs, Gabon espouses development by evolution rather than revolution and favors regulated free enterprise as the system most likely to promote rapid economic growth. Concerned about stability in Central Africa and the potential for intervention, Gabon has been directly involved with mediation efforts in Chad, Central African Republic, Congo-Brazzaville, Angola, and former Zaire. In December 1999, through the mediation efforts of President Bongo, a peace accord was signed in Congo-Brazzaville between the government and most leaders of an armed rebellion. President Bongo has remained involved in the continuing Congolese peace process. Gabon has been a strong proponent of regional stability, and Gabonese armed forces played an important role in the UN Peacekeeping Mission to the Central African Republic (MINURCA).
Gabon's first European visitors were Portuguese traders who arrived in the 15th century and named the country after the Portuguese word "gabao," a coat with sleeve and hood resembling the shape of the Komo River estuary.
Gabon's oil revenues have given it a strong per capita GDP of $5,900, extremely high for the region.
Foreign and Gabonese observers have consistently lamented the lack of transformation of primary materials in the Gabonese economy.