Putin Highlights Spiritual Connection Between Russia, Africa, Emphasizes Shared Value of Sovereignty

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Since 2009, the VTB RUSSIA CALLING! Investment Forum has been a platform for discussing macroeconomic trends and strengthening financial sovereignty. It draws a prestigious audience of government representatives, corporate leaders, and investors annually.
Africa is spiritually close to Russia, as they value their sovereignty, said President Vladimir Putin speaking at the VTB RUSSIA CALLING! Investment Forum in Moscow.

"Africa may geographically seem like a rather distant continent, but it is spiritually close to us," Putin stated.

According to him, African countries are home to very courageous and freedom-loving people. They "value their sovereignty and, relying on it, make decisions in the interests of their peoples and countries, and we believe they will continue to do so," the president said.
Furthermore, Putin said that Africa is a reliable partner for Russia.
"Africa is a reliable partner. We have a lot of connections with the peoples of Africa," the president said.
Russian President Vladimir Putin speaks at the plenary session of the VTB RUSSIA CALLING! Investment Forum on December 4, 2024. - Sputnik Africa, 1920, 04.12.2024
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He also highlighted that the African continent has good development prospects, according to global and Western expert assessments.
"The African continent has very good development prospects... The prospects are very good. By the way, these are not just our evaluations, these are evaluations from the global expert community, including Western experts. Many of my friends from Germany and other countries say that they, too, want and plan to increase their activity on the African continent," Putin said.
The president also noted that Russia is focused on those markets where there is growth and where there are partners who do not react to "shouts" from third countries. He added that some economies are developing at quite unusual rates, citing Ethiopia as an example. According to him, growth there achieved 120% in the last 10 years. Putin called it a phenomenal figure.
The fifteenth VTB Investment Forum "Russia Calling!" will take place on December 4-5 at the World Trade Center in Moscow. Its main theme is "The Future of Capital and the Capital of the Future."
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