Browsing: St Petersburg

And now, it is possible that Africa and Russia will have a new way of doing business if proposals to have a new Russian bank for Africa are implemented. This came to the fore after Rossiya Segodnya, which owns Sputnik, held a virtual round table discussion on Tuesday with diplomats, analysts and officials from Russia and Africa to talk about “Global Challenges to Food Security.”

Specialists talked about a wide range of issues related to the current food security crisis that is threatening both Africa and the rest of the world, such as how it started and how Western restrictions on Russia have made the situation worse. The experts also talked about ways to solve the problem.

Oleg Ozerov, the Russian ambassador-at-large and head of the secretariat of the Russia-Africa Partnership, said that the international community had come to agree that the current emergency started long before the crisis between the West and Russia over Ukraine got worse in February.

“There is a view among experts that the rise in food prices is not an accident and is meant to create a resource imbalance in the international division of labour and move toward a new stage of neocolonial policy toward developing countries,” Ozerov said.

The West’s anti-Russian sanctions have made it harder for African countries to make sure they have enough food to eat. He said that the way out of the crisis is to remove “all the barriers that Western countries have put up” to Russian-African cooperation in this area.

An additional advantage is that African government representatives and heads of many international organizations work in this city.

South Africa and Egypt, as possible alternatives, were thoroughly discussed as South Africa and Russia are members of BRICS, and Egypt has excellent post-Soviet relations.

Reminding that the first summit held in Sochi was co-chaired by President Vladimir Putin and Egyptian President Abdel Fattah el-Sisi, who also rotationally during that year headed the African Union.

The large-scale Russia-Africa summit, held in Sochi in October 2019, and described as the first of its kind in the history of Moscow’s relations with Africa, attracted more than 40 African presidents, as well as the heads of major regional associations and organizations.