Updated

The spokesman for Guinea's opposition says it is pulling out of parliament and threatening street demonstrations, paralyzing the institution.

The impoverished, yet mineral-rich, West African country has been wracked by demonstrations and ethnic conflict since presidential elections in 2010.

The opposition accuses the government of violating a reconciliation agreement signed in July that specified local elections must be held within the first four months of 2014.

Opposition spokesman Aboubacar Sylla said Monday the government's refusal to talk with the opposition threatened an "implosion" in the country, adding that they would soon take to the streets.

The move paralyzes the parliament which won't be able to vote on its basic laws or an upcoming mining agreement with British-Australian multinational Rio Tinto worth billions.