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Russia In Talks With Eritrea To Set Up 'Logistics Center' On Red Sea Coast [Video]

Eritrea's Foreign Minister Osman Saleh with his Russian counterpart, Sergei Lavrov  


Russia In Talks With Eritrea To Set Up 'Logistics Center' On Red Sea Coast

By RRERL

Russia is in talks with Eritrea to set up a logistics center at one of the North African country's seaports, Russian news agencies cited Foreign Minister Sergei Lavrov as saying on August 31.

Eritrea occupies a strategically significant location on the Red Sea across from the Arabian peninsula on a major shipping route between Europe and Asia.

Lavrov did not specify where the center would be located, but he said the project would be aimed at developing bilateral trade in agriculture and mining as well as helping Eritrea develop its transportation and energy infrastructure.

"A negotiation process is under way regarding the creation of a logistics center at one of the ports in Eritrea to boost our bilateral trade," Lavrov was quoted as saying by Interfax, after talks with his Eritrean counterpart Osman Saleh in the Russia resort city of Sochi.

Lavrov said the center will advance "promising joint projects involving shipments to Eritrea of specific transport agricultural equipment," as well as help Russian businesses establish contacts in the country, Interfax reported.

The Kremlin will be encouraging Russian companies to take part in African projects, including building regional transportation corridors and cross-border pipelines, he said, adding that the Eritrea region presents "excellent opportunities" for "economic integration" with Russia.

Russia has been pursuing closer ties with a number of African countries in recent months, including signing a military cooperation with the Central African Republic and developing closer military relations with Egypt.

The negotiations with Eritrea also come as Moscow is beefing up its naval presence in the nearby Mediterranean Sea, where Russian forces are backing Syria's government in a seven-year civil war against Sunni rebels.

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Russia plans investment in Eritrean port as foreign ministers meet

By Abdur Rahman Alfa Shaban | Africa News

Russia is set to make investments in a port in Eritrea as Moscow enters talks to set up a logistics centre in the Horn of Africa nation.

RIA news agency cited Foreign Minister Sergei Lavrov as disclosing the move on Friday during a meeting with his Eritrean counterpart Osman Saleh.

“Lavrov said the project would help develop bilateral trade, the agency reported. It did not name the port,” a Reuters report added. Eritrea’s known port are at Massawa and Assab. A recent report by Bloomberg quoted a mines official hinting of a possibility of developing another port for potash export.

In speaking after meetings held in Sochi, Lavrov said: “We undoubtedly would like to thank you (Eritrea) for the close coordination of our approaches at the UN and other international venues.”

An Eritrean delegation – comprising Saleh and presidential advisor Yemane Ghebreab – are on an official visit to Russia. They arrived on Thursday and will end their engagements on September 1.

Eritrea has been on a renewed diplomatic engagement since President Isaias Afwerki signed a peace deal with Ethiopian Prime Minister Abiy hmed in July 2018.

Ethiopia and Eritrea in July agreed to jointly develop ports on Eritrea’s Red Sea coast, Ethiopia’s state broadcaster said a day after the leaders met and agreed to normalize relations after a 20-year military standoff.




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Russia In Talks With Eritrea To Set Up 'Logistics Center' On Red Sea Coast [Video] Reviewed by Admin on 3:17 AM Rating: 5

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