One of the most efficient ways for the Eurasian Economic Union and the African continent to get closer is working together with African regional organizations, such as the African Union. We are confident that thanks to our cooperation with the African Union we are able to exchange integration experience and economic agendas. We need to expand our geography in Africa, as currently 80% of the EAEU–Africa trade happens between just 5 African countries. Naturally, we are interested in establishing dialogue with subregional [African, – Ed.] organizations — Tatyana Valovaya, Member of the Board – Minister in Charge of Integration and Macroeconomics, Eurasian Economic Commission .
We must stimulate private and state investments through innovative mechanisms. Future cooperation between Russia and Africa can contribute to the creation of integrated, peaceful, and prosperous Africa. Considering the possibilities and interests of Russia, combined with the needs of African countries, we have ample cooperation possibilities — Daniel Kablan Duncan, Vice President of the Republic of Cote d'Ivoire.
We do not have any other alternative [but] to promote our interest in Africa. Africa is a continent that always treated us in a special way. <…> It is an enormous market for Russian structures that are not related to natural resources or large-scale infrastructure projects. It is a possibility to bring forth our strengths that are not as well-known in Africa: services, supply of non-standardized products and technologies — Boris Ivanov, Managing Director, GPB Global Resources .