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Russia-Africa Trade up 17% to over $20bn last year

2 Sep 2019

• 2 Sep 12:07

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Russia’s trade turnover with African states reached $20.4 billion in 2018, up 17% compared to the previous year, a representative of the Russian Foreign Ministry toldTASSnews agency. According to the official, the majority of Russia’s trade operations with these states included Algeria, Egypt, Kenia, Cote d’Ivoire, Morocco, Nigeria, Senegal, Sudan, Tunisia and South Africa. “Trade-economic and investment partnership is one of the major areas of cooperation with African countries. In 2018, trade turnover with African states increased by 17.2% compared with 2017 to $20.4 billion. Russian exports amounted to $17.5 billion, while. Read more...