Russia is strengthening its economic ties with Africa, as evidenced by a 10% rise in trade exchanges highlighted by Vladimir Putin during a visit from Guinea-Bissau’s Umaro Sissoco Embaló in Moscow.
On Wednesday Mr Putin welcomed his Guinea-Bissau counterpart on an official visit to Moscow, spotlighting the significant growth in trade between Russia and the African continent.
“Trade exchanges between Russia and the African continent continued to grow last year, with a 10% increase,” Putin emphasised during the meeting, which also marked 52 years of diplomatic relations between the two nations.
The Russian leader underscored the economic potential, stating: “Our trade relations demand special attention from both sides. I’m confident we can agree to expand them further. There are solid foundations and promising opportunities. Many Russian companies are showing growing interest in operating in your market.”
This encounter aligns with Russia’s broader strategy to bolster its economic influence across Africa. Putin thanked his guest for participating in Russia-Africa summits, noting that Embaló “makes a very significant contribution to this joint effort.”
The Kremlin chief also touched on the upcoming elections in Guinea-Bissau, voicing support for his counterpart, whom he praised for advancing bilateral ties built on “mutual respect and growing trust.”
The two leaders further discussed the educational dimension of their partnership, highlighting an increased quota for Bissau-Guinean students admitted to Russian institutions—both civilian and military— signaling a deepening of ties between Moscow and Bissau.
CA/te/sf/lb/as/APA