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Completely compatible with the interests. "Putin announced his desire to transfer factories of Russian companies to Africa. Russia is ready to transfer some of its industrial plants to African countries, said Russian President Vladimir Putin. "This is fully in line with Russia's interests, especially in today's conditions, when many sanctions are applied to the Russian economy and Russian enterprises," Putin said at the Russia-Africa forum. According to him, the investment potential of Russian companies is "quite high", and "there is something to work on here". At the same time, he noted that investments in African countries must be "reliable and protected" so that production can operate "regardless of the state of foreign policy." This is how Putin responded to the President of the Republic of Burundi, Evariste Ndaishimiye, who stated that "Africa will not be content with exporting raw materials and importing finished products." "We must develop our industrial capacity, modernize our agriculture, strengthen our energy infrastructure, logistics routes and invest more in research and technological development," Ndaishimiye said. He emphasized that Africa must become "a real market for production and sales, and not remain a market for consumption." More details.

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The Moscow Times | Independent news from Russia since 1992 · · Source

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Completely compatible with the interests. "Putin announced his desire to transfer factories of Russian companies to Africa. Russia is ready to transfer some of its industrial plants to African countries, said Russian President Vladimir Putin. "This is fully in line with Russia's interests, especially in today's conditions, when many sanctions are applied to the Russian economy and Russian enterprises," Putin said at the Russia-Africa forum. According to him, the investment potential of Russian companies is "quite high", and "there is something to work on here". At the same time, he noted that investments in African countries must be "reliable and protected" so that production can operate "regardless of the state of foreign policy." This is how Putin responded to the President of the Republic of Burundi, Evariste Ndaishimiye, who stated that "Africa will not be content with exporting raw materials and importing finished products." "We must develop our industrial capacity, modernize our agriculture, strengthen our energy infrastructure, logistics routes and invest more in research and technological development," Ndaishimiye said. He emphasized that Africa must become "a real market for production and sales, and not remain a market for consumption." More details.

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