L. Fituni, I. Abramova Resource Potential of Africa and Russia's ...
L. Fituni, I. Abramova Resource Potential of Africa and Russia's ... L. Fituni, I. Abramova Resource Potential of Africa and Russia's ...
On the initiative of the Ethiopian side a Memorandum of Understanding between the Ethiopian Chamber of Commerce and Sectorial Associations and the Chamber of Commerce and Industry of the Russian Federation was signed in 2010. Both sides expressed mutual interest in developing agricultural cooperation. Thus, the Ethiopian Ministry of Agriculture and Rural Development and the Russian Federal Service for Veterinary and Phytosanitary Control are strengthening the working contacts they established in 2009. Russia and Ethiopia are interested in establishing and enhancing cooperation in other sectors of economy as well. In particular, we see good prospects for mutually beneficial partnership in the fields of transport, water resources, mining, etc. Efforts are taken to step up bilateral cooperation in humanitarian and cultural spheres. In particular, we are exploring possibilities of sending qualified Russian specialists to Ethiopia and training more Ethiopians in Russia. Russia provides food aid to Ethiopia. For example, this year we delivered here 2.850 mt of wheat worth $2 million. Approximately the same amount of Russian humanitarian aid was supplied to Ethiopia last year. The year 2010 is also remarkable in the history of our bilateral relations due to the fact that recently we signed an intergovernmental agreement on terms of accommodation of the Ethiopian diplomatic mission in Moscow. It should be noted that these terms are exceptionally beneficial for the Ethiopian side. Considerable amounts of money that our Ethiopian partners had been spending every year to pay for the rent of the Embassy’s premises can be allocated now for the implementation of various development projects in this country. Therefore, this agreement may be considered to be another evidence of the truly friendly relations between our two countries. 41 The relations with South Africa are characterized by consistent economic growth. In 2009, major South African exports to Russia included machinery and electric appliances, fruits, prepared foodstuffs and beverages, vehicles, chemicals, raw hides and skins, precious and semiprecious stones. South African imports from Russia included natural or cultured pearls, chemical products, base metals, vehicles, machinery and mechanical appliances, and textiles. During 193
2009 vegetable products formed about 46% of South Africa's exports to Russia. About 84% of imports from Russia included chemicals and metals. The bilateral trade volume during the previous year reached $500 million. (Table 3.4.3.) Table 3.4.3. Trade between Russia and South Africa, million USD 2002 2003 2004 2005 2006 2007 2008 2009 Jan– Aug. Turnover 132.6 119.6 142.4 172.0 179.4 284.4 484.0 243.7 Export 40.2 6.9 9.1 25.2 20.1 14.4 40.3 54.3 Import 92.4 112.7 133.3 146.8 159.3 270 443.8 189.4 Although these developments are encouraging, they are not reflective of the true untapped potential that exists in our trade relationship. As a starting point, the two countries are major global producers of gold, diamonds, platinum, manganese and other strategically important natural resources and each has unique capabilities of profiting from these resources. Already some of South African major enterprises are co-operating in this area, although further synergies could be leveraged and are being explored. It is also encouraging to see that the products being traded are beginning to include value added goods from both sides, and the parties are moving away from solely trading in primary segments of the economy. However, according to Willem van der Spuy, Director, Bilateral Trade Programs: Asia International Trade & Economic Development Department of Trade and Industry of the Republic of South Africa, true future potential though lies in some of the following areas identified and which could be further exploited: 42 – Mining and mining related technology – Financial services – Energy – Biotechnology – Infrastructure development and construction – Aerospace and Space Technology 194
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On the initiative <strong>of</strong> the Ethiopian side a Memor<strong>and</strong>um <strong>of</strong> Underst<strong>and</strong>ing<br />
between the Ethiopian Chamber <strong>of</strong> Commerce <strong>and</strong> Sectorial<br />
Associations <strong>and</strong> the Chamber <strong>of</strong> Commerce <strong>and</strong> Industry <strong>of</strong> the<br />
Russian Federation was signed in 2010. Both sides expressed mutual<br />
interest in developing agricultural cooperation. Thus, the Ethiopian<br />
Ministry <strong>of</strong> Agriculture <strong>and</strong> Rural Development <strong>and</strong> the Russian<br />
Federal Service for Veterinary <strong>and</strong> Phytosanitary Control are<br />
strengthening the working contacts they established in 2009.<br />
Russia <strong>and</strong> Ethiopia are interested in establishing <strong>and</strong> enhancing<br />
cooperation in other sectors <strong>of</strong> economy as well. In particular, we<br />
see good prospects for mutually beneficial partnership in the fields<br />
<strong>of</strong> transport, water resources, mining, etc. Efforts are taken to step<br />
up bilateral cooperation in humanitarian <strong>and</strong> cultural spheres. In particular,<br />
we are exploring possibilities <strong>of</strong> sending qualified Russian<br />
specialists to Ethiopia <strong>and</strong> training more Ethiopians in Russia.<br />
Russia provides food aid to Ethiopia. For example, this year we<br />
delivered here 2.850 mt <strong>of</strong> wheat worth $2 million. Approximately<br />
the same amount <strong>of</strong> Russian humanitarian aid was supplied to<br />
Ethiopia last year. The year 2010 is also remarkable in the history <strong>of</strong><br />
our bilateral relations due to the fact that recently we signed an intergovernmental<br />
agreement on terms <strong>of</strong> accommodation <strong>of</strong> the<br />
Ethiopian diplomatic mission in Moscow. It should be noted that<br />
these terms are exceptionally beneficial for the Ethiopian side. Considerable<br />
amounts <strong>of</strong> money that our Ethiopian partners had been<br />
spending every year to pay for the rent <strong>of</strong> the Embassy’s premises<br />
can be allocated now for the implementation <strong>of</strong> various development<br />
projects in this country. Therefore, this agreement may be considered<br />
to be another evidence <strong>of</strong> the truly friendly relations between<br />
our two countries. 41<br />
The relations with South <strong>Africa</strong> are characterized by consistent<br />
economic growth. In 2009, major South <strong>Africa</strong>n exports to Russia<br />
included machinery <strong>and</strong> electric appliances, fruits, prepared foodstuffs<br />
<strong>and</strong> beverages, vehicles, chemicals, raw hides <strong>and</strong> skins, precious<br />
<strong>and</strong> semiprecious stones. South <strong>Africa</strong>n imports from Russia<br />
included natural or cultured pearls, chemical products, base metals,<br />
vehicles, machinery <strong>and</strong> mechanical appliances, <strong>and</strong> textiles. During<br />
193
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