Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Palestinian media: Three Palestinians were killed after being targeted by Israeli drone fire in the al-Shujaiya neighborhood east of Gaza City
Nicolas Maduro: The Palestinian cause is the most sacred cause for humanity, and we propose sending teams of builders, farmers, and doctors to Gaza to help the people
Al Mayadeen's correspondent in Lebanon: IOF infiltrate Khallet Wardeh towards the municipality in the town of Aita al-Shaab, south of Lebanon.
Leaders of the United States, Egypt, Qatar, and Turkey sign a ceasefire agreement in Gaza.
Trump arrives in Sharm el-Sheikh
Israeli PM's office: PM informed Trump he would not attend Sharm el-Sheikh Summit on account of Jewish holidays.
Israeli media: Netanyahu makes last-minute decision to cancel trip to Sharm el-Sheikh.
Al Mayadeen's correspondent: Large crowds gather in Khan Younis to welcome the liberated Palestinian detainees, waving flags of Hamas and Islamic Jihad in celebration
Buses of released prisoners arrive in Ramallah
Israeli media: Netanyahu gifts Trump a "Golden Dove".

Putin: Africa, Russia trust must develop into economic cooperation

  • By Al Mayadeen English
  • Source: Agencies
  • 2 Aug 2023 23:52
2 Min Read

The Russian President emphasizes the need to convert political trust with African nations into robust economic cooperation, citing Africa's promising development prospects.

  • x
  • Russian President Vladimir Putin delivers a speech at the Kremlin's St. Catherine Hall in Moscow, Russia, Wednesday, Aug. 2, 2023
    Russian President Vladimir Putin delivers a speech at the Kremlin's St. Catherine Hall in Moscow, Russia, Wednesday, Aug. 2, 2023 (AP)

Following a report by Russian Economic Development Minister Maksim Reshetnikov on the outcomes of the Russia-Africa Summit, Russian President Vladimir Putin emphasized, in a meeting with cabinet members, the need to build upon the political trust established between Russia and African nations, by fostering deeper economic cooperation. 

"We do have to translate the level of political trust [between African countries and Russia] into economic cooperation," President Putin stated. He further emphasized that Russia considers African countries as friends, and they reciprocate the sentiment, viewing Russia as a trusted ally.

Putin highlighted the ongoing efforts of the Eurasian Economic Union (EAEU) countries in drafting agreements to establish a free trade zone with Egypt, Morocco, Tunisia, and Algeria. He expressed interest in exploring other regions of Africa, acknowledging the continent's potential as a development hotspot.

"There are many more so-called development hotspots there, on that continent, and there are very interesting countries. So we cannot in any case miss out on other regions," the Russian President urged.

"Therefore, we should take a comprehensive approach to these issues, without grabbing at one traditional thing."

Related News

Putin first to speak as Trump says ‘no deal yet’ in Alaska summit

Zelensky proposes new peace talks with Russia next week

Read more: Putin vows to provide $90mln to African countries in debt relief

The Second Russia-Africa Summit and Economic and Humanitarian Forum commenced in St. Petersburg from July 27 to July 28, where Russian President Vladimir Putin emphasized his country's sincere desire to build a strategic and multifaceted partnership with African nations.

During the summit, President Putin commended African leaders for demonstrating political will, independence, and genuine interest in bolstering ties with Moscow.

The leaders' commitment to success in the Russian-African partnership was evident, reaffirming their collective dedication to unlock new areas of mutually beneficial cooperation.

Putin expressed his belief in creating a fair, democratic, and multipolar world order based on universally recognized principles of international law and the United Nations Charter. The summit successfully established a mechanism for dialogue, enabling Russia and African nations to coordinate efforts in addressing global challenges such as terrorism, extremism, and food crises.

Read more: Putin invites African states to summit, underlines Syria partnership

  • Russian President Vladimir Putin
  • Russia
  • Africa
  • Putin
  • economic cooperation
  • Russia-Africa Summit

Most Read

Palestinian journalist Saleh al-Jaafarawi in an undated image in Gaza, occupied Palestine (Social media)

Gaza Palestinian journalist Saleh al-Jafarawi killed by collaborators

  • Politics
  • 12 Oct 2025
Taylor Swift: The Life of a Showgirl

The Life of a No-Girl: The one verse Taylor Swift refuses to sing

  • Arts and Culture
  • 8 Oct 2025
Ceasefire in Gaza takes effect amid conflicting signals and bombings

Gaza ceasefire takes effect; 'Israel' resumes bombing, timing disputed

  • Politics
  • 9 Oct 2025
Illustration of fists breaking shackles, representing the liberation of Palestinian detainees from Israeli prisons. (Illustrated by: AL Mayadeen English/Batoul Chamas)

4 prominent Palestinian detainees to be freed: Who are they?

  • Palestine
  • 13 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Freed Palestinian prisoners carry rifles as they arrive in the Gaza Strip following their release from Israeli jails, outside Nasser Hospital in Khan Younis, southern Gaza Strip, Monday, October 13, 2025 (AP)
Politics

Palestinian resistance remains steadfast, victorious Larijani says

Lebanese Army Commander General Rodolphe Laffan inspecting the command structure of the 10th Infantry Brigade in Kfarskhna-Zgharta on October 13, 2025. (Lebanonese Army)
Politics

Lebanese Army chief: Israeli aggression threatens Lebanon's security

Hamas fighters escort buses carrying freed Palestinian prisoners arriving in the Gaza Strip after their release from Israeli jails, in Khan Younis, southern Gaza Strip, Monday, October 13, 2025 (AP)
Politics

154 Palestinian prisoners exiled to Egypt under exchange deal

Israeli Prime Minister Benjamin Netanyahu arrives before US President Donald Trump addresses the Knesset, Israel's parliament, Monday, October 13, 2025 in Occupied Al-Quds. (Kenny Holston/The New York Times via AP, Pool)
Politics

Netanyahu withdraws from Sharm el-Sheikh summit amid regional pushback

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS