Archives Africa - Page 29 of 32 - New Eastern Outlook

Unfortunately, one of the negative consequences of active hostilities is observed in the foreign trade relations of the countries participating in the conflict. A temporary danger zone does not guarantee safety along trade communication routes. Disrupting the prior steady trading system is costly to the trade balance and frequently leads to major humanitarian crises, such as in export-dependent countries. It is true that the scarcity of certain goods, such as grains (like wheat, for example), on the global market poses a severe danger to the food security of entire nations. It’s no coincidence that a Russian…

The current neocolonial policies developed by the West in Africa have allowed the EU to strip African nations of their mineral resources, exploit their agricultural land, dominate their economies and exercise control over their healthcare systems. Europe treats the African nations solely as sources of raw materials, and considers them as obliged to grant unchecked access to their resources. The European nations’ “global access” initiative, under which Brussels commits to invest 150 billion euros in African infrastructure projects by 2027, demonstrates how serious they are about their African plans…

The next Russia-Africa summit provides a unique opportunity for countries outside the US-centered world to establish their subjectivity and recall that global development goals are not restricted to ensuring the interests of the “golden billion” as they are framed in Western capitals. To declare the existence of a “global South,” with great resources, demographic, and cultural potential but disproportionately underrepresented in global politics and finance. The motto of the Russia-Africa summit, “For Peace, Security, and Development” which will take place in St. Petersburg on July 27 and 28, and the attendance of which has already…