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Medvedev heads to Angola for energy, space talks

© POOL / Go to the mediabankMedvedev heads to Angola for energy, space talks
Medvedev heads to Angola for energy, space talks - Sputnik International
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The Russian president will arrive in Angola on Friday to discuss bilateral cooperation in energy resource exploration, economic ties, and building a communications satellite, the Kremlin said.

MOSCOW, June 25 (RIA Novosti) - The Russian president will arrive in Angola on Friday to discuss bilateral cooperation in energy resource exploration, economic ties, and building a communications satellite, the Kremlin said.

Angola is the final stop on Dmitry Medvedev's four-country trip to Africa, his first visit to the continent as Russian leader. Medvedev has visited Egypt, Nigeria and Namibia so far this week.

Angola is one of Africa's most resource-rich nations, with oil, gas, diamonds, iron ore, gold and uranium. However, it remains one of the world's poorest countries, with 70% Angolans living on less than $1 a day.

During the visit, at the invitation of Angolan President Jose Eduardo Dos Santos, Medvedev will discuss bilateral trade, as well as scientific and cultural contacts, including in education, Kremlin aide Sergei Prikhodko said.

Several deals such as contracts on creating the Angosat satellite, and documents including a memorandum on technological cooperation in the sphere of natural resources, are expected to be signed.

Promising areas of economic partnership between the two countries are exploration of diamond and hydrocarbon deposits, and cooperation in electricity production, Prikhodko said.

The sides will also exchange views on dealing with the consequences of the global financial crisis and setting up an effective international system of managing economic processes.

"Special attention will be paid to discussing topical international problems, with a focus on further strengthening cooperation in foreign policy between Russia and Angola," he said.

Moscow and Luanda established diplomatic relations when Angola declared its independence in November 1975. The Angolan president visited Russia in June 1998 and October-November 2006.

 

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