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Home National Opinion

2nd RUSSIA-AFRICA SUMMIT : PROSPECTS AND EXPECTATIONS by Lawal Sale 

Vital News by Vital News
July 9, 2023
in Opinion
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2nd RUSSIA-AFRICA SUMMIT : PROSPECTS AND EXPECTATIONS  by Lawal Sale 
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2nd RUSSIA-AFRICA SUMMIT: PROSPECTS AND EXPECTATIONS

By Lawal Sale

All roads lead to Russia’s second largest city, St. Petersburgh, for the second gathering of Russian and African leaders from July 27 to 28, 2023.

The primary aim of the summit tagged “Russia-Africa Economic and Humanitarian Summit” is to strengthen ties between Russia and African countries, particularly in areas of politics, economic development, science and technology, security, infrastructure, education and culture.

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Oleg Ozerov, Head of the Summit Secretariat, disclosed that majority of the 54 African leaders had indicated their interest to attend the Summit.

Besides, Anton Kobyakov, an adviser to Russian President Vladimir Putin, said in a programme schedule of the meeting that the Summit would also create the basis for establishing peaceful, prosperous and safe regions in new realities.

Kobyakov further stated that the Summit agenda included more than 30 panel sessions and thematic events on the most important issues involving cooperation between Russia and African countries.

He added that “Africa will obviously play an increasingly important role in the emerging architecture of multipolar world.”

Earlier in March this year, President Putin, while addressing some African representatives in Moscow, said: “I want to emphasise that our country has always given and will continue to give priority to cooperation with African States.”

The Russian leader added that “our country is determined to continue building a full strategic partnership with our African friends and we are ready to shape the global agenda together.”

Recall that the 1st Russia-Africa Summit was held in the resort city of Sochi in October 2019 under the theme — “peace, security and development” — and it was co-chaired by President Putin and Egyptian President Abdel Fattah al-Sisi, who was the then chairperson of the African Union (AU).

The 2019 summit was the first major gathering of African and Russian leaders since the collapse of the Soviet Union in 1991.

Notably, the summits are part of the thrust of Russia’s foreign policy and they also provide an important platform for face-to-face discussions and interactions between politicians, business executives, experts and the media; all tailored towards the development of joint ventures across the two regions.

From all indications, the 2019 Summit was very successful and purposeful, as it reportedly resulted in the sealing of trade deals worth $12 billion, with more than 50 contracts signed by the two sides.

Overall, the main objective of the high-level meeting was to fundamentally raise the mutually beneficial partnerships to new heights.

The relations existing between Russia and African countries date back to the 1940s and 1950s during and after designed efforts to decolonise African countries.

Both sides have maintained the traditional and mutual friendship, even as the then Soviet Union solidly supported African nations’ struggle against colonialism, apartheid, racism and campaign for national independence.

As Russian and African delegates are converging on St. Petersburgh to discuss important economic and humanitarian issues, it is pertinent to note that the whole activity is in line with the perceptible shift from unilateralism to multilaterasism; and with the focus of aligning Africa’s policy orientation towards Russia and China.

Significantly, Africa obviously has an opportunity to design a pragmatic, well-packaged strategy that would take due advantage of the growing market potential and boost trade relations with Russia, as a way of reversing the marked trade imbalance that has been existing between the continent and Russia for decades.

Perceptive economic analysts stress that in order to cultivate worthwhile business relations and partnerships, Africa should endeavour to organise purposeful trade platforms and business missions to showcase its economic potential to the Russian Federation.

In a nutshell, pragmatic efforts must be made to improve Africa’s exports to Russia.

On the other hand, Russia has vast technological expertise that Africa can benefit from.

The know-how is particularly in areas of nuclear energy, oil and gas, transport technology, machine building and construction.

At the same time, Africa, with its abundant natural and human resources, as well as agricultural products such as coffee, tea, fruits, flowers, cocoa, cashew nuts and peanuts, among others, is also in a vantage position to boost trade with the Russian Federation and engender a more favourable balance of trade between the two sides.

*Sale is an Abuja-based Global Affairs Analyst. (lawalmaida1@yahoo.com)*
(vitalnewsngr.com)

Tags: AfricaEconomyRussiasummit
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