Medvedev arriving in Namibia on visit
MOSCOW. June 25. KAZINFORM Issues of the development of trade-economic cooperation and the expansion of Russia's participation in major projects in Namibia will occupy the central place at talks of Russian President Dmitry Medvedev with President of Namibia Hifikepunye Lucas Pohamba. Their meeting will be held on Thursday within the framework of the first ever visit of the Russian head of state to Namibia; Kazinform refers to RIA Novosti.
"The Russian business community has been displaying growing interest of late in entering the promising market of Namibia that possesses rich natural deposits," the official noted. "In this connection during the visit the sides will discuss possibilities for the expansion of Russian investment participation in major projects of the Namibian economy, in particular, in the sphere of the prospecting and development of mineral deposits, hydrocarbons, electric power industry, transport and tourism," Prikhodko said. According to him, one of promising cooperation spheres is the energy industry starting from the hydropower to atomic power industry. "We are ready and are even offering at the expert level cooperation programmes, so we will speak about this," the RF presidential aide said.
According to Prikhodko, during the visit the sides intend to adopt the Joint Communique on the official visit of the Russian president to Namibia, to sign a number of intergovernmental and interdepartmental documents, including an agreement on mutual encouragement and protection of capital investments, a Memorandum of Understanding between the RF Federal Agency for Fisheries and the Namibian Ministry for Fisheries and Mineral Resources, a Memorandum of Cooperation between Gazprombank and the National Petroleum Corporation of Namibia. The visit programme provides for talks in narrow and broader formats with President Hifikepunye Lucas Pohamba; Kazinform cites RIA Novosti.
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