Russia's trade turnover with African countries has increased one and a half times since 2022 and reached 27 billion dollars. This is what the Minister of Economic Development of the Russian Federation, Maxim Reshnikov, said at the Russia-Africa Economic and Humanitarian Forum. According to the minister, Africa's share in Russia's foreign trade doubled during this period - from 2 to 4 percent. However, as Reshnikov emphasized, this figure "does not reflect the potential of the existing African continent", so trade can and should be further increased. "We need a big common market, and we need big joint efforts to be independent from the will and whims of third countries. Africa is now an area of ​​very intense competition. Therefore, I am absolutely sure that today's forum, in terms of intensity and level of representation, will be a powerful impetus that will allow us to maintain this high dynamic of the development of relations in the next three years." Reshnikov noted. The full recording of the broadcast is available at the link. Roscongress.

Russia's trade turnover with African countries has increased one and a half times since 2022 and reached 27 billion dollars. This is what the Minister of Economic Development of the Russian Federation, Maxim Reshnikov, said at the Russia-Africa Economic and Humanitarian Forum. According to the minister, Africa's share in Russia's foreign trade doubled during this period - from 2 to 4 percent. However, as Reshnikov emphasized, this figure "does not reflect the potential of the existing African continent", so trade can and should be further increased. "We need a big common market, and we need big joint efforts to be independent from the will and whims of third countries. Africa is now an area of ​​very intense competition. Therefore, I am absolutely sure that today's forum, in terms of intensity and level of representation, will be a powerful impetus that will allow us to maintain this high dynamic of the development of relations in the next three years." Reshnikov noted. The full recording of the broadcast is available at the link. Roscongress.