Interaction between Russia and African countries was discussed at the Russia-Africa: Partnership for Development forum.
Potential of trade and economic relations and investment projects of African countries with Russia has been discussed today in the RF Chamber of Commerce and Industry in the framework of the business forum.
The Big Industrial Week will be the next platform for a dialogue between the sides.
“Russia has always been prioritizing relations with African countries, and now we strive for making our positions on the African continent even stronger. Russian business sees Africa as a promising investment direction. The most attractive areas include energy and mining operations, agriculture, manufacturing, transport, and infrastructure,” told Alexander Dianov, Deputy Director of the Department of Asia, Africa and Latin America Countries of the Ministry of Economic Development of the Russian Federation.
The African side pointed out that Africa is a key source of important resources, such as energy resources, raw materials for innovative manufacturing methods, non-ferrous, rare and rare-earth metals, etc. Development of some of these minerals in African countries is economically feasible.
“We expect an active participation of our African colleagues in such forums as INNOPROM, Big Industrial Week in Cairo, the Russia-Africa Summit in Sochi,” added Henry William Short, Minister Plenipotentiary of the South African Embassy in Russia.
The dialogue between the countries will continue at the Big Industrial Week exhibition in Cairo this October, which will be a global platform for interaction between Russia and African countries.