Nam and Russia plan to strengthen bilateral trade in agriculture
15 Nov 2017 20:10pm
WINDHOEK, 15 NOV (NAMPA) Namibia and Russia plan to strengthen bilateral trade relationships in the area of agriculture.
Speaking during the opening of the Seventh Session of the Namibia-Russia Inter-Governmental Commission on Trade and Economic Cooperation on Wednesday, Deputy Prime Minister of Russia and Special Representative of the Russian President, Yuri Trutnev said trade figures between the two countries dropped to a negative record of N.dollars 900 000, and this called for paramount action.
Trutnev said the Commission, which is made up of high-ranking officials, was interested in increasing trade cooperation to the level of the current political relationship between the two countries, which he said was good.
The two-day session is aimed at promoting increased trade and investment flow between Namibia and Russia.
It also serves to further strengthen bilateral relations in various fields and to underline the role of the Commission as an important mechanism for expanding cooperation between the two countries.
Namibia and Russia boast relationships in many areas including political and diplomatic interaction, trade and economic cooperation, cultural ties and people-to-people contacts.
Ministry of International Relations and Cooperation Permanent Secretary, Selma Ashipala-Musavyi said during the meeting that several agreements of cooperation would be finalised by the two counties during the session.