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L. Fituni, I. Abramova Resource Potential of Africa and Russia's ...

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The talks in Lu<strong>and</strong>a led the two countries to identify mining, energy,<br />

transportation, telecommunications, military-technical cooperation,<br />

education <strong>and</strong> health as priorities for strengthening the partnership.<br />

Agreements were also reached on exp<strong>and</strong>ing Russian investment<br />

participation in major projects <strong>of</strong> the Angolan economy,<br />

especially in mining, hydroelectric power station construction <strong>and</strong><br />

development <strong>of</strong> space communications. The parties also adopted a<br />

mid-term program <strong>of</strong> economic, scientific <strong>and</strong> technical <strong>and</strong> trade<br />

cooperation for the period 2009–2013.<br />

During Medvedev's Angola visit, Rosoboronexport signed a<br />

contract to develop a satellite communication system for Angola.<br />

The Energiya Space Rocket Corporation will develop a geostationary<br />

satellite for this system. A package <strong>of</strong> documents was signed,<br />

including the contracts for the ANGOSAT project <strong>and</strong> a Funding<br />

Memor<strong>and</strong>um. The contract documents provide for the development<br />

<strong>and</strong> launch <strong>of</strong> the ANGOSAT communications satellite, operation <strong>of</strong><br />

the satellite in a geostationary orbit <strong>and</strong> work to establish the latestgeneration<br />

digital television, radio <strong>and</strong> Internet system in Angola.<br />

Russian banks have extended credit in the amount <strong>of</strong> $300 million<br />

for the ANGOSAT project.<br />

There are good opportunities to exp<strong>and</strong> cooperation in the electric<br />

power industry. Specifically, a hydroelectric power station was built on<br />

the Shikapa River by the Gidroshikapa joint venture with ALROSA<br />

involvement in 2008. Tekhnopromexport took part in the construction<br />

<strong>of</strong> the Kap<strong>and</strong>a hydroelectric power station, Angola's largest. The issue<br />

<strong>of</strong> Tekhnopromexport's involvement in two large hydroelectric power<br />

stations on the Kwanza River is being worked out.<br />

"We value the traditions <strong>of</strong> friendship that we have developed<br />

with the Republic <strong>of</strong> Mali; we are ready to further exp<strong>and</strong> economic<br />

contacts <strong>and</strong> search out promising future projects." This is what<br />

President Medvedev said about Mali on January 16, 2009 during the<br />

credentials presentation ceremony for the new Mali ambassador in<br />

Moscow.<br />

In May, the two countries signed a memor<strong>and</strong>um <strong>of</strong> cooperation<br />

on fighting terrorism <strong>and</strong> organized crime. Russia <strong>and</strong> Mali are<br />

committed to the rule <strong>of</strong> international law <strong>and</strong> the supremacy <strong>of</strong> the<br />

203

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