The official representative of the Russian Ministry of Foreign Affairs Alexander Lukashevich today disclosed that his country have invited the Foreign Minister of Eritrea, Mr. Osman Saleh, for a two day visit from 16 – 18 February.
Sources from the Eritrean Foreign Ministry confirm the visit which they say is very crucial to step up the existing diplomatic relation between the two countries.
This time last year, Special Representative of the Russian President for the Middle East and Deputy Foreign Minister Mr. Mikhail L. Bogdanov met and discussed with President Isaias Afwerki on ways and means of reinforcing bilateral relations with a more emphasis on trade and investment.
Russia and Eritrea has shown readiness in the past to foster their 20 year-old diplomatic relations towards a higher collaboration.
The two sides are expected to exchange views on international and regional affairs, hot spots in Africa and the Middle East besides signing cooperation agreements.
According to Mikhail Margelov, Russia’s envoy to Africa, Russia realizes, from the stand point of National Security, dependence on oil and gas exports are unreliable and it’s natural to vying mining to be its main source of financing its effort to modernize and upgrade the economy in the next 10 years and beyond.
Eritrea’s proven large quantity of high-grade gold and base metal deposits, fair geological, mining, infrastructure, and climatic conditions along with a comparative cheap labor already attracts dozens of investments to the country.
Last week, a British business group led by former Conservative party Chairman Michael Howard, known for Oil and Gas exploration investments, visited the country and welcomed by President Afwerki with a promise to facilitate any of their investments in the country.
Any mutually advantageous cooperation agreement between the two countries on diplomacy, trade and investment is most welcome.
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