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Russian businesses open to building Africa's infrastructure
by Joseph Earnest April 29, 2013
Newscast Media MOSCOW—African states are ready to provide favorable conditions for Russian business to join infrastructure projects, Russia’s foreign minister said on Monday after talks with the chairperson of the African Union Commission in Moscow.
"We spoke about the prospects for the participation of Russian companies in major infrastructure projects on the African continent. We noted there is a demand for Russian business in Africa," Foreign Minister Sergei Lavrov said after talks with Nkosazana Dlamini-Zuma.
Lavrov said meetings between African leaders and Russian President Vladimir Putin on the sidelines of the BRICS (Brazil, Russia, India, China and South Africa) summit in Durban, South Africa in March have given new impetus to African cooperation with Russian business.
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African states are interested in extending cooperation with Russia in both the social and economic spheres, and also logistics, Dlamini-Zuma said.
At the BRICS summit in Durban, the member countries set up a business council which is expected to increase partnership between the five nations.
Russia’s presidential aide Yury Ushakov said previously the council’s main task would be implementing multilateral investment projects. Add Comments>>
Source: RIA Novosti
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