WINDHOEK, March 17 (RIA Novosti) - Russia is ready to participate in the development of mineral deposits in Namibia, Russia's premier said Saturday.
Visiting Mikhail Fradkov said talks with Namibian leaders covered issues of cooperation in the prospecting of oil, natural gas, diamond, gold and copper deposits in the southern African country.
But he said Moscow could face tough competition in this sector, as companies from many countries were willing to operate in the state, where mining accounts for 20% of GDP.
Namibia is one of the world's leading uranium producers, and Fradkov said Russia's participation in uranium production was also discussed during the talks.
