Officials Discuss Egypt’s Participation in Russia–Africa Economic Forum and Summit

Advisor to the Russian President Anton Kobyakov met with Egyptian Ambassador to Russia Ihab Nasr in Moscow to discuss an Egyptian delegation’s participation in the Russia–Africa Economic Forum and Summit, which will be held in Sochi on 23–24 October under the co-chairmanship of Russian President Vladimir Putin and Egyptian President Abdel Fattah Al-Sisi.

“Relations between Russia and Egypt are currently on an upswing. This country is a reliable partner for Russia not only in the Middle East, but also on a global scale. Egypt holds the presidency of the African Union this year. Both countries’ desire for partnership is enshrined in the Agreement on Comprehensive Partnership and Strategic Cooperation of 2018. Russian-Egyptian economic cooperation has been actively developing in recent years, the volume of mutual trade is increasing, and there has been active cooperation in education as well as scientific and technical cooperation. There is reason to believe that this positive trend will continue. I am certain that the upcoming events in the Russia-Africa format will allow us to discuss further plans and strengthen Russian-Egyptian cooperation in all sectors,” Kobyakov said during the meeting.

The Russia–Africa Economic Forum and Summit will be the largest and most representative event in the history of Russia–Africa relations. More than 40 African leaders have already confirmed they will take part in the Summit, while the Economic Forum will bring together more than 3,000 leading representatives of African and Russian business. The Egyptian delegation will be actively involved in both events, with a number of planned meetings and joint events, including a bilateral meeting between Putin and Al-Sisi. Leading representatives of Egyptian business will be actively involved in the Forum, including as speakers.

Mr.Nasr also underscored the importance of Egypt’s comprehensive cooperation and strategic partnership with Russia. In particular, he noted that 2020 will be a year of humanitarian cooperation between Russia and Egypt, with a number of strategically important events being held in both countries. “The upcoming meeting in Sochi will be this year’s symbolic breakthrough. I’m certain that at the Russia–Africa Summit and Forum we will manage to plot a course to develop our cooperation in the coming years”, Mr.Nasr said.

The architecture of the Russia–Africa Economic Forum programme is available here.

To participants in the Russia–Africa Economic Forum

Ladies and gentlemen,

It gives me great pleasure to welcome you at the opening of the Russia–Africa Economic Forum.

The rich history of relations between Africa and Russia has never seen an event of a similar scale. Members of government agencies and business community, and experts are meeting at this Forum to substantively discuss the current status and prospects of cooperation and a wide range of topical issues of the world economy.

Today, the countries of Africa are well on their way towards social, economic, scientific and technological development, and are playing a significant role in international affairs. They are strengthening mutually beneficial integration processes within the African Union and other regional and sub regional organizations across the continent.

In recent years, the traditionally friendly ties of partnership between Russia and Africa have gained new momentum, both at a bilateral level and in various multilateral formats. In addition to preserving our past experience of successful cooperation, we have also managed to make significant new steps forward. Trade and investment are growing dynamically, and new joint projects are under way in extractive industries, agriculture, healthcare, and education. Russian companies are ready to offer their scientific and technological developments to their African partners, and share their experience of upgrading energy, transport and communications infrastructures.

I hope that the Forum will help identify new areas and forms of cooperation, put forward promising joint initiatives that will bring the collaboration between Russia and Africa to a qualitatively new level and contribute to the development of our economies and the prosperity of our peoples.

I wish the Forum’s participants fruitful work and all the best.

Vladimir Putin

The Russia–Africa Summit, which is taking place in Sochi on 23–24 October 2019, encapsulates the historically friendly relations between the African continent and the Russian Federation. This Summit carries great significance as it is the first of its kind to emerge during a period of major global and international transformations. In response to the aspirations of the people it is representing, the Summit intends to build a comprehensive framework for expanding Russian–African relations into broader horizons of joint cooperation across different fields.

The African nations and Russia share a common understanding of international relations, based on the principles of respect for the rule of international law, equality, non-interference in the internal affairs of states, and the peaceful resolution of disputes. Both sides affirm their commitment to support multilateral actions to oppose new international threats, be they terrorism and extremism in all their forms, or declining growth rates. The two sides share a firm conviction regarding the importance of developing trade flows and supporting mutual investment in such a way as to ensure security, peace and development for the African and Russian people.

African countries have huge potential and opportunities that will allow them, once efforts to streamline their economies have been achieved, to emerge as real global players. In recent years, the nations of this continent have achieved major successes spanning the political, economic, social and administrative spheres. Africa has flourished in terms of growth over the past decade, reaching a continent-wide growth rate of 3.55% in 2018.

The African Union Summit, which was held in Niger in July 2019, continued the efforts of the African countries and saw the African Continental Free Trade Agreement come into force, along with its operational instruments. The agreement is one of the key objectives of Agenda 2063, an African development strategy that has been created to address the African people’s desire for prosperity and decent living standards.

These successes are opening up wide-ranging prospects for cooperation between African countries and the Russian Federation, and confirm the determination of African governments and their people to cooperate with multiple partners in order to establish mutually beneficial relations.

With this in mind, we express our hopes that the Russia–Africa Summit will help in the establishment of constructive strategic relations, based on partnership between two sides across various fields, and in the service of fulfilling the hopes and aspirations of the African people and their friends in Russia.

President of the Arab Republic of Egypt
Abdelfattah ALSISI