11 July 2020

Putin hold several meetings during Russia-Africa summit

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Russian President Vladimir Putin will hold several bilateral meetings with leaders of African states on October 24 in Sochi on the sidelines of the Russia-Africa summit, Kremlin Aide Yuri Ushakov told reporters on Monday. reports citing TASS.

According to him, on October 24, Putin is set to meet with Angolan President Joao Lourenco. "One of the main topics of the talks will be trade-economic cooperation. The bilateral trade turnover [between Russia and Angola] has increased by 42% in the past seven months, reaching $34.8 mln," Ushakov said.

An important area of cooperation between both states is the mining sphere, namely, the development of diamond deposits. Russian company Alrosa is a co-founder of Angola’s leading diamond-mining company Catoca. Ushakov pointed out that both states are currently developing a program of cooperation in the sphere of geology and mining until 2025.

2019.10.21 / 22:34
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