Africa, Russia relations allow for better access to Eurasia

African export-import bank (Afreximbank) executive vice president, George Elombi believes a stronger relationship between Africa and Russia will assist the African continent gain more access and opportunity to Eastern Europe and Central Asia (Eurasia).

The Africa-Russia Development of trade and economic cooperation as well the advancement and strengthening of BRICS countries are part of Afreximbank’s strategic plan for 2017-2021. Russia’s geography and economic position is key to the plan.

Russia’s strength in exporting and manufacturing can offer African countries experience and opportunity to expand and develop its markets.  The Organisation for Economic Co-operation and Development (OECD) and the Russian Export Centre are some of Afreximbank’s stakeholders.

 

Source: Sputnik

 

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