Opposition’s demand of Assad’s immediate resignation absurd - Russian envoy to GenevaRussian Politics & Diplomacy February 23, 16:34
Moscow celebrates Defender of the Fatherland DaySociety & Culture February 23, 16:19
ISS astronauts capture Dragon with manipulatorScience & Space February 23, 14:36
Vitaly Churkin’s body delivered to RussiaRussian Politics & Diplomacy February 23, 12:30
Ukrainian military shell Donetsk water purification plantWorld February 23, 11:45
Scientists discover three Earth-sized exoplanets that may potentially harbor lifeScience & Space February 23, 5:50
Syrian opposition ready for direct talks with government delegation — representativeWorld February 22, 21:56
UN Syria envoy expects no breakthrough at new round of Syria talksWorld February 22, 21:09
Russia opposes sharing responsibility for fate of Middle East refugeesRussian Politics & Diplomacy February 22, 20:36
MOSCOW, July 11 (Itar-Tass) - Span of Russian companies’ operations in Africa does not match either this country’s export capabilities or the size of the continent’s resources, Deputy Foreign Minister Mikhail Bogdanov said Thursday as he took the floor at a session of the Urals-Africa economic forum underway in Yekaterinburg.
The Foreign Ministry published the text of Bogdanov’s speech at its official website.
“One must admit today that the practical span of Russian companies’ business operations in Africa falls far below our export capabilities, on the one hand, and the huge natural resources of the huge continent, on the other,” Bogdanov said.
“Poor knowledge of the African markets’ structure and the characteristics of African customers by the Russian business community remains an undeniable fact,” he said.
“The Africans in their turn are insufficiently informed on the capabilities of potential Russian partners,” Bogdanov said.
He stated the presence of the political willingness to get for a quality new buildup of economic ties, including - and particularly the ones effectuated by public companies - is already there.
“Still we need a more efficient system of exchanging information,” Bogdanov said. “I think our efforts should be targeted first and foremost at a search for new partnerships, at boosting the performance factor of other mechanisms of cooperation, and at implementing the biggest and most promising projects.”