Thursday, September 11, 2014

Africa-Russia Trade Stalled

Pambazuka News published on 11 September 2014 an article titled "Trade between Russia and Africa Below Expectation" by Kester Kenn Klomegah.  He comments that Russian-African trade remains small and Russia has few manufactured goods that compete successfully with products from the West and China.  Africa sells little that interests Russia and African exporters are hampered by an inadequate knowledge of Russian trade procedures, rules, regulations and existing market conditions.  Most Russian exports to Africa consist of military equipment. 

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