04:08Russian Foreign Minister Sergei Lavrov met with his Guinean counterpart Morissanda Kouyate to discuss economic and trade relations between the two countries in Conakry on Monday.
"We look forward to resuming the work of the intergovernmental commission on trade and economic co-operation, which hasn’t met since 2019, as soon as possible," said Russian Foreign Minister Sergei Lavrov, who spoke highly of the business environment in Guinea.
“[Russian] companies operating in Guinea benefit from the great conditions created by your Government,” Lavrov noted.
“RUSAL is the largest Russian investor in Guinea’s economy. Along with bauxite mining and providing jobs to thousands of Guinean citizens, RUSAL is implementing a significant and important social programme. <...> In 2014, RUSAL made a significant contribution to improving Guinea's ability to fight Ebola. In recent years, when the COVID-19 pandemic broke out, similar steps were taken to help build your own infectious disease prevention and treatment capabilities here,” he continued.
“We see good prospects in the fields of geological exploration, development of mineral resources, infrastructure, fisheries, agriculture and energy,” the Russian Foreign Minister added.
Guinean Foreign Minister Morissanda Kouyate noted that Conakry is hoping to ensure that revenues received from international companies with operations in the country can be retained by the state to support infrastructure development.
"We see that we have various companies mining, for example, bauxite. But despite the profits they bring us, despite the investments made by investors, we still do not have normal roads, water supply or electricity. <...> We have a global task to make sure that this money goes precisely into the pocket of our state," he said.
Kouyate also discussed plans to refresh the country’s constitution, which he said had been largely copied from the French constitution and therefore ‘does not reflect today's realities, does not fit our history.’
Russia hopes to resume intergovernmental commission on trade 'as soon as possible' - Lavrov at talks with Guinean FM
Russian Foreign Minister Sergei Lavrov met with his Guinean counterpart Morissanda Kouyate to discuss economic and trade relations between the two countries in Conakry on Monday.
"We look forward to resuming the work of the intergovernmental commission on trade and economic co-operation, which hasn’t met since 2019, as soon as possible," said Russian Foreign Minister Sergei Lavrov, who spoke highly of the business environment in Guinea.
“[Russian] companies operating in Guinea benefit from the great conditions created by your Government,” Lavrov noted.
“RUSAL is the largest Russian investor in Guinea’s economy. Along with bauxite mining and providing jobs to thousands of Guinean citizens, RUSAL is implementing a significant and important social programme. <...> In 2014, RUSAL made a significant contribution to improving Guinea's ability to fight Ebola. In recent years, when the COVID-19 pandemic broke out, similar steps were taken to help build your own infectious disease prevention and treatment capabilities here,” he continued.
“We see good prospects in the fields of geological exploration, development of mineral resources, infrastructure, fisheries, agriculture and energy,” the Russian Foreign Minister added.
Guinean Foreign Minister Morissanda Kouyate noted that Conakry is hoping to ensure that revenues received from international companies with operations in the country can be retained by the state to support infrastructure development.
"We see that we have various companies mining, for example, bauxite. But despite the profits they bring us, despite the investments made by investors, we still do not have normal roads, water supply or electricity. <...> We have a global task to make sure that this money goes precisely into the pocket of our state," he said.
Kouyate also discussed plans to refresh the country’s constitution, which he said had been largely copied from the French constitution and therefore ‘does not reflect today's realities, does not fit our history.’
Russian Foreign Minister Sergei Lavrov met with his Guinean counterpart Morissanda Kouyate to discuss economic and trade relations between the two countries in Conakry on Monday.
"We look forward to resuming the work of the intergovernmental commission on trade and economic co-operation, which hasn’t met since 2019, as soon as possible," said Russian Foreign Minister Sergei Lavrov, who spoke highly of the business environment in Guinea.
“[Russian] companies operating in Guinea benefit from the great conditions created by your Government,” Lavrov noted.
“RUSAL is the largest Russian investor in Guinea’s economy. Along with bauxite mining and providing jobs to thousands of Guinean citizens, RUSAL is implementing a significant and important social programme. <...> In 2014, RUSAL made a significant contribution to improving Guinea's ability to fight Ebola. In recent years, when the COVID-19 pandemic broke out, similar steps were taken to help build your own infectious disease prevention and treatment capabilities here,” he continued.
“We see good prospects in the fields of geological exploration, development of mineral resources, infrastructure, fisheries, agriculture and energy,” the Russian Foreign Minister added.
Guinean Foreign Minister Morissanda Kouyate noted that Conakry is hoping to ensure that revenues received from international companies with operations in the country can be retained by the state to support infrastructure development.
"We see that we have various companies mining, for example, bauxite. But despite the profits they bring us, despite the investments made by investors, we still do not have normal roads, water supply or electricity. <...> We have a global task to make sure that this money goes precisely into the pocket of our state," he said.
Kouyate also discussed plans to refresh the country’s constitution, which he said had been largely copied from the French constitution and therefore ‘does not reflect today's realities, does not fit our history.’