Africa holds great potential as the fastest growing continent on the planet, and Russian Deputy Energy Minister Pavel Sorokin believes that it deserves fair treatment and equal partnership. Sorokin made these remarks during an interview with RT at the Russia-Africa Summit in St. Petersburg.
Sorokin acknowledged that Africa is not currently the largest consumer of energy, but as its economies continue to grow and its population gains access to energy, it will eventually become a major player in global energy demand. This increase in demand will have significant effects on global energy flows and trade, impacting all countries involved.
In addition to energy, Africa possesses vast mineral deposits. However, Sorokin stressed that it is not enough for Africa to simply export these minerals. The focus should be on how much added value can be retained within the continent itself. This challenge is not exclusive to Africa, but also for Russia. Sorokin emphasized the importance of tackling this issue together, working as equal partners.
Equal partnership, according to Sorokin, does not involve exploiting a country’s resources and returning a fraction of the value. Instead, it requires cooperation and collaboration towards a common objective. Sorokin proposed that this partnership includes not only supplying equipment but also establishing educational centers to train local people in servicing and maintaining that equipment. By investing in service and educational centers, countries can ensure that the benefits of their resources stay within their own borders.
Sorokin believes that this approach is the foundation for a strong partnership between Russia and African countries. He emphasized Russia’s willingness to work hand in hand with Africa, and highlighted the tremendous interest and potential for cooperation from African nations.
It is evident that Russia is committed to forging a mutually beneficial relationship with Africa. The country’s investment goes beyond just economic interests. Russia aims to support Africa’s development by not only providing equipment and resources but also by empowering local communities through education and training.
In conclusion, Africa’s rapid growth presents ample opportunities for international cooperation. Russia recognizes the importance of equal partnership and is determined to work alongside African countries to maximize the benefits for all parties involved. With such collaboration, both Africa and Russia stand to thrive and contribute to the global energy trade and economic development.