- Sputnik Africa, 1920
Second Russia–Africa Summit
The Second Summit Russia–Africa Economic and Humanitarian Forum will take place in St. Petersburg from July 27-28.The First Russia-Africa Summit and Economic Forum was held in the Russian resort city of Sochi in October 2019.

Russia-Africa Trade Reached Almost $18Bln in 2022: Putin

© Sputnik . Pavel Bednyakov / Go to the mediabankRussian President Vladimir Putin speaks at a plenary session of the Future Technologies Forum "Computation and Communication. Quantum World" in Moscow, Russia, on July 13, 2023.
Russian President Vladimir Putin speaks at a plenary session of the Future Technologies Forum Computation and Communication. Quantum World in Moscow, Russia, on July 13, 2023. - Sputnik Africa, 1920, 24.07.2023
Subscribe
Putin made the announcement in an article titled "Russia and Africa: Joining Efforts for Peace, Progress and a Successful Future," published by the Kremlin on Monday.
Trade between Russia and African countries increased in 2022 and reached almost $18 billion, Russian President Vladimir Putin said on Monday, adding that this was not the limit of the bilateral potential for economic partnership.
"I would like to note with satisfaction that Russia's trade turnover with the African countries increased in 2022 and reached almost 18 billion US dollars. However, we are all well aware that the potential of our trade and economic partnership is much higher," Putin said.
Russian companies are interested in working more actively in Africa in high technologies and geological exploration, in the fuel and energy complex, including nuclear power, as well as in the chemical industry, mining and transport engineering, agriculture and fisheries, the Russian leader said.
Russian President Vladimir Putin took part in the Russia–Africa Forum - Sputnik Africa, 1920, 24.07.2023
Second Russia–Africa Summit
Russia and Africa: Joining Efforts for Peace, Progress and a Successful Future
"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," the Russian president said.
Russia exported 11.5 million tonnes of grain to Africa in 2022 and almost 10 million tonnes in the first six months of 2023 despite Western sanctions "which severely hamper the supply of Russian food products to developing countries," Putin noted.
Moscow understands "the importance of uninterrupted food supplies for the socio-economic development and political stability of the African states," Putin said, adding that Russia had always paid "great attention to issues related to the supply of wheat, barley, maize and other crops to African countries."
Moreover, the Russian leader noted that Moscow had done so "both on a contractual basis and free of charge as humanitarian aid, including through the United Nations Food Programme."
Newsfeed
0