“Seize the moment! The invitation sounds like a promotional slogan, but the Russian ambassador to South Africa, Ilya Rogachev, is keen to encourage Pretoria to make Moscow a privileged trading partner when others make it a pariah. “South African entrepreneurs have a unique opportunity to significantly scale up their trade et their economic cooperation with Russia”, explains a press release published after a meeting of the Russia-South Africa Business Council on June 10.
In trouble again, Russia turns to its friends
“It is a pattern that we have already seen Russia observe after 2008 and the war against Georgia, then in 2014 after the annexation of Crimea. As its trade with the West slumped due to sanctions, Moscow knocked on the doors of emerging economies and expanded into Latin America and Africa,” observes Steven Gruzd, director of the Russia-Africa program. of the South African Institute of International Affairs (SAIIA). Again in difficulty, Russia turns to its friends.
On July 20, a Russian economic forum was organized in Sandton, north of Johannesburg. A one-day symposium to discuss the business climate in South Africa in the areas of mechanical engineering and infrastructure. The format should expand with an event spread over a week, from October 9 to 15, still in South Africa. It is organized by Afrocom, the African branch of the Chamber of Commerce and of industry Russian.
Russia-Ukraine: the reasons for the abstention of many African countries at the UN