Egyptian President H.E. Abdelfattah ALSISI Sends Address to Russia–Africa Economic Forum Participants

Egyptian President and African Union (AU) Chairman H.E. Abdelfattah ALSISI has sent a message to participants in the first Russia–Africa Economic Forum. The Forum will be held in Sochi on 23–24 October as part of the Russia–Africa Summit.

The Egyptian president, who will serve as co-chair of the Russia–Africa Summit together with Russian President Vladimir Putin, underscored the importance of the event, noting that it is the first of its kind during a period of major global and international transformation.

“African countries and Russia have common positions in their international actions based on the principles of respect for international law, equality, non-interference in the internal affairs of states, the peaceful settlement of disputes, and a commitment to multilateral actions in accordance with the two sides’ similar vision of how to confront new international challenges”, Abdelfattah ALSISI said.

He also noted that African countries have enormous potential and opportunities that will enable them to join the world’s developing economic powers after optimization. Africa has made good progress in terms of its growth rates over the past decade, with the economy expanding by 3.55% in 2018. The African Continental Free Trade Agreement took effect at the African Union summit in Niger in July 2019 and offers a range of new instruments for growth.

Abdelfattah ALSISI said this success “opens up broad prospects for cooperation between African countries and the Russian Federation and confirms the commitment of the governments of African countries and their peoples to cooperate with different partners in order to establish mutually beneficial relations”.

The Egyptian president believes that the Russia–Africa Summit will serve to establish constructive strategic relations based on cooperation between the two sides in various fields, which will help realize the hopes and aspirations of the African people and the friendly Russian people.

The Russia–Africa Summit and Economic Forum will take place on 23–24 October in Sochi at the Sirius Park of Science and Art. The events are being organized by the Roscongress Foundation, and the co-organizers of the Russia–Africa Economic Forum are Russian Export Center and Afreximbank.

For a more detailed version of the Russia–Africa Economic Forum programme, please visit: https://summitafrica.ru/en/programm/

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