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Russia and African Countries Agree on Cooperation

The Roscongress Foundation signed a number of cooperation agreements on the first day of the Russia–Africa Economic Forum to establish effective communication between the expert and business communities of the Russian Federation and African countries. The agreements were signed with the Egyptian Exporters Association – Expolink, the National Agency for Investment Promotion of the Republic of the Congo, the Nigerian Investment Promotion Agency, the Eswatini Investment Promotion Authority, the Chamber of Commerce of Burkina Faso, the Chamber of Commerce, Industry, and Agriculture of Tanzania, the Chamber of Commerce and Industry of Abuja, the Kenya National Chamber of Commerce, the Chamber of Commerce and Industry of Mali, and the Confederation of Business Associations of Mozambique.

“The Forum provides us with a unique opportunity to establish a direct dialogue with representatives of the authorities and the business community of the African continent. The agreements we signed today create fundamentally new opportunities for us and should take communication between representatives of business, state, public organizations, and social institutions to a new level. Today we have laid a solid foundation for building long-term and diverse cooperation between Russia and African countries. Partnerships in such areas as modern technologies, industry, construction, and many other areas are all being discussed at the Russia–Africa Economic Forum, and I am sure that this will result in long-term mutually beneficial collaboration with our regional partners in African countries,” Roscongress Foundation CEO Alexander Stuglev said.

Khaled El Mikati, Chairman of the Board of Directors of the Egyptian Exporters Association – Expolink, noted the Egyptian business community’s high level of interest in cooperation with Russia: “Collaborating with the Roscongress Foundation creates opportunities for us to build a direct dialogue with our Russian partners, including at the major business events conducted by the Foundation, such as the St. Petersburg International Economic Forum, Eastern Economic Forum, and Russian Energy Week. Participating in these events helps us find methods of mutually beneficial cooperation between our countries and build effective communication for the successful implementation of joint projects.”

The Roscongress Foundation also signed a cooperation agreement with the Institute for African Studies of the Russian Academy of Sciences.

“A number of strategic cooperation agreements have been signed on the sidelines of the Russia-Africa Economic Forum today. Joint projects will be implemented in the economic, social, and humanitarian spheres. The Forum served as a platform for dialogue and a meeting place for the expert community and laid the foundation for long-term mutually beneficial cooperation between Russia and Africa,” said Irina Abramova, director of the Institute for African Studies of the Russian Academy of Sciences.

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.

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“We highly value the results of our joint work at the summit. I am sure the achieved results are creating a good foundation for further deepening the Russia-Africa partnership in the interests of our nations’ prosperity and wellbeing.”

President of the Russian Federation
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