https://en.sputniknews.africa/20250226/russia--guinea-bissau-strengthen-their-economic-cooperation-1070825691.html
Russia & Guinea-Bissau Strengthen Their Economic Cooperation
Russia & Guinea-Bissau Strengthen Their Economic Cooperation
Sputnik Africa
On February 26, Guinea-Bissau's President Umaro Sissoco Embalo arrived on a state visit to Russia to hold talks with Russian President Vladimir Putin. 26.02.2025, Sputnik Africa
2025-02-26T10:07+0100
2025-02-26T10:07+0100
2025-02-26T10:07+0100
sub-saharan africa
russia-africa cooperation
russia
guinea-bissau
economy
cooperation
vladimir putin
umaro sissoco embalo
investment
trade
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Ahead of a meeting between the heads of state, Russia and Guinea-Bissau signed a memorandum of understanding to establish a consultation mechanism for their economic, trade, and investment collaboration.The memorandum was signed by Maxim Reshetnikov, the Minister of Economy of Russia, and Soares Sambu, the Minister of Economy, Planning and Regional Integration of Guinea-Bissau.The objectives of the agreement are: To discuss such projects, a working group will be established. The memorandum will come into force on the date of its signing and will be valid for five years.
https://en.sputniknews.africa/20250224/president-of-guinea-bissau-schedules-next-presidential-election-for-november-30-1070806528.html
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russia-africa cooperation, russia, guinea-bissau, economy, cooperation, vladimir putin, umaro sissoco embalo, investment, trade, information
russia-africa cooperation, russia, guinea-bissau, economy, cooperation, vladimir putin, umaro sissoco embalo, investment, trade, information
Russia & Guinea-Bissau Strengthen Their Economic Cooperation
Ekaterina Shilova
Writer / Editor
On February 26, Guinea-Bissau's President Umaro Sissoco Embalo arrived on a state visit to Russia to hold talks with Russian President Vladimir Putin.
Ahead of a meeting between the heads of state,
Russia and Guinea-Bissau signed a memorandum of understanding to establish a consultation mechanism for their economic, trade, and investment collaboration.
The memorandum was signed by Maxim Reshetnikov, the Minister of Economy of Russia, and Soares Sambu, the Minister of Economy, Planning and Regional Integration of Guinea-Bissau.
The objectives of the agreement are:
To boost bilateral trade;
To contribute to the socio-economic
development of both countries;
To encourage trade initiatives;
To exchange information on relevant matters.
“The memorandum will allow Russia and our colleagues from Guinea-Bissau to maintain a regular and constructive dialogue between the business communities of our countries on issues of trade development, elimination of obstacles to the free movement of goods and services, as well as modernization of the regulatory framework in the economic sphere," Reshetnikov said.
To discuss such
projects, a working group will be established. The memorandum will come into force on the date of its signing and will be valid for five years.
