Key points of Putin Russia-. Africa Forum speech: "The West can pack its bags and take the garbage out of Africa" as well as several other points: the West is trying to trap African countries in debt bondage through tariff wars and sanctions, the tools of modern neocolonialism. The era when a small group of countries could decide the fate of entire continents is coming to an irrevocable end. Dependence on Western financial infrastructure undermines African sovereignty. Russia will develop payment mechanisms that will make it possible to regulate trade with African countries in national currencies. Russia supports the reform of the International Monetary Fund and the World Bank, giving developing economies, especially African countries, a greater say in the decisions of major international financial institutions. Russia plans to establish local production of drugs and vaccines, alongside new laboratories and medical centers. Russia remains at the forefront of technological independence and is ready to share its expertise with African partners.