The key facts
- Russia supplies grain and fertilizers to more than 40 African countries and intends to expand the geography of supplies
- Putin called for increasing the participation of African states in the governance of the IMF and the World Bank
- The statements were made at the Economic and Humanitarian Forum Russia–Africa in Moscow
Statements at the Russia–Africa Forum
President Vladimir Putin, speaking at the Economic and Humanitarian Forum Russia–Africa in Moscow, said that Russia intends to expand the geography of its food supplies to Africa. According to him, more than 40 African states already receive Russian grain and fertilizers, and Russia itself is 'one of the most reliable guarantors of food security on the African continent.' This is reported by Life.ru.
Agricultural Cooperation and Financial Institutions
In addition to grain and fertilizer supplies, the forum is discussing joint projects in agriculture and the introduction of modern technologies; Moscow, according to Putin, intends to develop cooperation in the agricultural sector and increase its presence in local markets.
Call for Reform of the IMF and the World Bank
During the same speech, Putin called for reforming the International Monetary Fund and the World Bank to take into account the interests of developing countries. He emphasized the need to expand the participation of African states in the governance of these organizations and in key decision-making, noting that global financial institutions should pay greater attention to the needs of developing economies, whose influence on the global market is growing. This is also reported by Life.ru.




