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Russia-Africa trade shows positive trends

Moscow, Dec 21 (Prensa Latina) The trade exchange between Russia and Africa is showing positive momentum despite unilateral restrictions, states a joint declaration adopted at the conclusion of the 2nd joint ministerial conference, Sputnik informed.

The document notes, “We recognize the positive trend in the trade between Russia and African countries despite unilateral restrictions. Considering the economic and trade potential of interaction between Russia and Africa, we reiterate our commitment to expanding this interaction.”

It also underscores the need to create favorable conditions for the work of Russian and African companies.

The declaration says, “We stress the need to design the necessary mechanisms to provide support to Russian and African companies within the framework of a sustainable partnership that will foster growth and generate jobs.”

The 2nd ministerial conference of the Russia-Africa Partnership Forum was held in Cairo on December 19-20, with the participation of more than 50 African countries.

Foreign Minister Sergey Lavrov led the Russian delegation to the meeting.

jdt/iff/mem/gfa

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