Russia, St Petersburg Russia’s trade turnover in Africa in 2022 reached almost US$18 billion, Russian President Vladimir Putin revealed ahead of the yesterday’s Russia-Africa Summit.
President Putin said, “We are well aware that the potential of our trade and economic partnership is much higher…
“…Russian companies are interested in working more actively on the continent in the sphere of high technologies and geological exploration, in the fuel and energy complex, including nuclear power, in the chemical industry, mining and transport engineering, agriculture and fishery,” said Putin.
Mr Putin added that the changes taking place in the world require the search for solutions related to the establishment of new transport and logistical chains, the formation of a monetary and financial system, and mechanisms of mutual settlements that are safe and free from unfavourable external impacts.
On Russia’s relationship with Africa, Mr Putin said, “The partnership between our country and Africa has strong, deep roots and has always been distinguished by stability, trust and goodwill.”
Mr Putin also expressed disgust at how Europe unscrupulously handled the so-called ‘grain deal’ said notwithstanding the sanctions imposed on Russia, it would continue its energetic efforts to provide supplies of grain, food products, fertilizers and other goods to Africa.
“We highly value and will further develop the full spectrum of economic ties with Africa–with individual states as well as regional integration associations and naturally, with the African Union,” he assured.
Today is the final day of the Russia Africa summit that started yesterday in St. Petersburg, Russia.
