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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) (49042 Views)
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Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by WriterNig: 6:22pm On Mar 20, 2023 |
π·πΊ Russian President Vladimir Putin on Monday said Moscow has forgiven debts of African states worth more than $20 billion. Speaking at an international parliamentary conference titled βRussia-Africa in a Multipolar World,β Putin said the trade turnover between Russia and African countries is growing every year, reaching almost $18 billion in 2022. "It is unlikely that such a figure can fully suit us, but we know that this is far from the limit," he added. Putin also said he believed that "the development of counter-commodity exchanges will be facilitated by a more energetic transition in financial settlements to national currencies, and the establishment of new transport and logistics chains." He further said: "Additional opportunities are opened up by the process of establishing the African Continental Free Trade Area (AfCFTA), which began in 2021, which in the future will become a continental market with a total GDP of more than $3 trillion." Russia, he said, is in favor of establishing ties with AfCFTA both through the Eurasian Economic Union and on a bilateral level, adding that Africa will become one of the leaders of the multipolar world. "The states of π Africa are constantly increasing their weight and their role in world affairs, they are asserting themselves more and more confidently in politics and in the economy. We are convinced that Africa will become one of the leaders in the emerging new multipolar world order," Putin added. He said Russia and the countries of Africa, Asia, and Latin America are against the neo-colonial ideology. "Russia and African countries uphold moral norms and social principles traditional for our peoples, and oppose neo-colonial ideology imposed from outside," he said. "Many states of Asia, the Middle East, and Latin America adhere to similar positions, and together we make up the world majority." TASS ||Anadolu Agency 144 Likes 14 Shares
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Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by WriterNig: 6:22pm On Mar 20, 2023 |
π Africa loves you Daddy Putin β€οΈ Defender of the weak and poor countries. ππ»Like for Russia-Putin, share for USA/Nazi/NATOε 744 Likes 40 Shares |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by gabbyafo23: 6:24pm On Mar 20, 2023 |
JAGABAN of the world at the moment. 296 Likes 12 Shares |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by aieromon(m): 6:24pm On Mar 20, 2023 |
This looks like recycled news from 2019. https://saharareporters.com/2019/10/24/putin-russia-wrote-20-billion-debt-owed-african-nations https://www.vanguardngr.com/2019/10/russia-wrote-off-20-billion-of-african-countries-debts-%E2%80%95-putin/ https://africa.cgtn.com/2019/10/24/russia-writes-off-more-than-20-billion-in-african-debt/ 38 Likes 7 Shares |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by vastolord4(m): 6:26pm On Mar 20, 2023 |
This is huge! Are you guys still cursing Russia? Once your big, your big for life! Russia is a "dad" compared to what the US is to us. 193 Likes 5 Shares |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by jumper524(m): 6:33pm On Mar 20, 2023 |
Anything dollar na legal scam. Ordinary paper that isn't backed by real gold. They just print it. The international loan market should be driven by assets and services not printable paper cash. 131 Likes 10 Shares |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by AngelicBeing: 6:44pm On Mar 20, 2023 |
Some African leaders are corrupt, Debts are forgiven them, they end up going to borrow again and it goes into private pockets and no significant economic infrastructure provided to the masses, and the cycle of debt, borrowing, looting etc continues 60 Likes 6 Shares |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by magoo10(m): 6:44pm On Mar 20, 2023 |
Russia doesn't seem to be going down any time soon. World power no be for mouth 127 Likes 3 Shares |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by TheNiceGuy(m): 6:46pm On Mar 20, 2023 |
That's nice President Putin. We want to host you in Nigeria. Come for a visit 94 Likes 2 Shares |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by lexylaw40: 6:46pm On Mar 20, 2023 |
I just love Putin 97 Likes 2 Shares |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by Ebije1(m): 6:50pm On Mar 20, 2023 |
He try fr this one.. He needs to answer for his war crimes. 7 Likes 5 Shares |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by NothingDoMe: 6:51pm On Mar 20, 2023 |
Lol when African countries borrow 20bn? 4 Likes |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by HeartlessMan: 6:53pm On Mar 20, 2023 |
Show me where the US & her cronies ever did this. I'll wait... 131 Likes 5 Shares |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by SpecialAdviser(m): 6:57pm On Mar 20, 2023 |
How many times will African debts will be shamefully forgiven? The problem at hand is that we don't achieve anything with such forgiveness. Take a case of Nigeria. We were forgiven, Buhari returned us to square one. 48 Likes 3 Shares |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by Honeybadgerxx: 7:04pm On Mar 20, 2023 |
US can never do such. 21 Likes 1 Share |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by Holyfic: 7:18pm On Mar 20, 2023 |
Ma G 12 Likes 1 Share
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Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by Antiochus(m): 7:25pm On Mar 20, 2023 |
Ebije1: Honestly you are the only one who can make him answer 82 Likes 5 Shares |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by Mercury12(m): 7:35pm On Mar 20, 2023 |
God bless mother Russia 39 Likes 1 Share |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by nairalander2020(m): 7:59pm On Mar 20, 2023 |
No be anyhow man the run russia. Russia is the most careful country in the world in terms of leadership.. 35 Likes 5 Shares |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by CrownOfClay724: 8:12pm On Mar 20, 2023 |
The next government wee sti go and collect another one 10 Likes 1 Share |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by rottennaija(m): 8:20pm On Mar 20, 2023 |
Ebije1:Which of them? 5 Likes 1 Share |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by rottennaija(m): 8:21pm On Mar 20, 2023 |
CrownOfClay724:Countries build their economy in debt 9 Likes 2 Shares |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by Tokskob2008: 8:24pm On Mar 20, 2023 |
This guys will only end up making African leaders loot more and more. They borrow and loot, you forgive and forget then they come back to borrow and repeat the same shit again cos they know one way or the other they won't ever get to pay what they owe.. What they borrow the money for you won't see it. This will just keep African countries in these present state of mess but if a country like Russia takes over your country because you refused to pay your debt watch the other indebted African countries sit up tight. 3 Likes |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by CrownOfClay724: 8:41pm On Mar 20, 2023 |
rottennaija: We've seen the monstrous constructions they built with the ones that were just forgiven them. 8 Likes |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by CodeTemplar: 8:54pm On Mar 20, 2023 |
Uncle pootin has wiped of 20b from African debt. Lol 3 Likes |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by CodeTemplar: 9:02pm On Mar 20, 2023 |
aieromon:OP is a high level pootin worshipper. 4 Likes |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by panafrican(m): 9:24pm On Mar 20, 2023 |
More reason for the greedy West to hate him. They are now mad in Brussels, Paris, London, Washington DC, Rome,Ottawa, New York, Madrid and so forth. 19 Likes |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by JOACHINpedro: 9:25pm On Mar 20, 2023 |
Smth is not just right. I can feel it |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by Masterviolence(m): 9:33pm On Mar 20, 2023 |
Reality chess 1 Like |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by RikudoSennin: 9:40pm On Mar 20, 2023 |
Thank you Russia/China for the multi-polar world. African countries can now gradually be freed of the chains imposed by the Imperialist Anglos. 16 Likes 2 Shares |
Re: Russia Forgives $20 Billion Debts Of African Countries - Putin (Photos) by RikudoSennin: 9:41pm On Mar 20, 2023 |
panafrican: Their banks are crashing due to the imposed sanctions. No liquidity. Multi-polar light to the world. 7 Likes |
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