“Of course, we take these realities into account, draw appropriate conclusions and are not ready to redistribute the wealth of the continent, but to compete for cooperation with Africa,” the president said.
He emphasized the importance of competition "being civilized, developing in the legal framework."
At the same time, Putin noted that “a number of Western states have resorted to pressure, intimidation and blackmailing the governments of sovereign African countries”, according to him, with such “methods they try to regain the lost influence and dominant positions in the former colonies, they seek - already in a“ new wrapper ” “Pump out superprofits, exploit the continent without regard to the people living here, and environmental and other risks.”
Earlier it was reported that Putin and Egyptian President Abdel Fattah al-Sisi will speak at the plenary session of the Russia-Africa economic forum in Sochi, dedicated to unlocking the potential for cooperation. It will be held on October 23.
Nation News also reported that a gala concert will be held in Sochi as part of the cultural program of the Russia-Africa forum.