Business · Trade · 8 hrs ago
Russia-Africa trade rose 1.5 times to more than $27 billion since 2022
Russia’s trade with African nations has grown 1.5 times since 2022, President Vladimir Putin said.
He gave the figure at a meeting with Egyptian President Abdel Fattah al-Sisi.
The trade total has passed $27 billion, according to Putin.
The figures cover trade between Russia and African nations.
Egypt accounts for a significant part of that trade, Putin said.
The growth points to expanding trade ties between Russia and African countries.
No further steps were stated.
Trade between Russia and African nations rose 1.5 times to more than $27 billion since 2022, Russian President Vladimir Putin said.
Putin made the statement at a meeting with Egyptian President Abdel Fattah al-Sisi.
He said Egypt accounts for a significant part of the trade.
- Who
- Russia and African nations.
- What
- Trade rose 1.5 times to more than $27 billion.
- When
- Since 2022; Putin made the statement on October 28.
- Where
- At a meeting in Moscow with Egyptian President Abdel Fattah al-Sisi.
- Why
- Not stated.
This story does not have two clearly opposing sides.
Trade between Russia and African nations increased by 1.5 times to more than $27 billion.
Putin gave the trade figures at a meeting with Egyptian President Abdel Fattah al-Sisi.
- Trade volume
- More than $27 billion
- Increase
- 1.5 times since 2022
- Meeting participants
- Vladimir Putin and Abdel Fattah al-Sisi
- Location
- Moscow
2 sources
What people are saying
The main figures are that trade is growing between Russia and Africa. Its total volume increased by 1.5 times and was above $27 bln since 2022