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Putin tells African leaders Moscow will not pursue ‘neo-colonialism’

Putin tells African leaders Moscow will not pursue ‘neo-colonialism’

Summary

Vladimir Putin told leaders at the Russia-Africa Summit in Moscow that Russia does not exploit African resources in a neo-colonial way. He criticized Western lending practices and said Russia was ready to expand agricultural shipments to Africa amid disruptions to grain exports and fertilizer supplies.

Key Facts

  • Putin spoke at the third Russia-Africa Summit in Moscow.
  • Delegations from 48 African countries attended, including 22 represented by their heads of state.
  • Putin accused Western countries of using debt and financial terms that he said hinder Africa’s development.
  • Putin said Russian businesses support local processing of raw materials, job creation, and tax revenue.
  • Russia supplied 13 million metric tonnes of agricultural products to Africa in the first nine months of the year, according to Putin.
  • Putin said Russia was prepared to expand the reach of its agricultural shipments to Africa.
  • The article said attacks in the Black Sea were disrupting Russian and Ukrainian grain exports, while the U.S.-Israel war on Iran had interrupted global fertilizer supplies.
  • Putin was scheduled to hold bilateral meetings with African leaders on trade, security, grain supplies, and arms deals. The summit was expected to end with a declaration on closer cooperation.
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