Hon. Bernard K. Membe (L) and his Russian counterpart Hon. Sergey Lavrov walking out of Press Briefing Room in Moscow today. |
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PRESS RELEASE
Today the governments of
Tanzania and Russia have jointly agreed to speed up the process of establishing
Tanzanian - Russian Intergovernmental Commission on Trade, Investment and
Economic Cooperation to be signed during the first quarter of 2015.
This was announced
during the meeting between Hon. Bernard Membe, Tanzanian Minister for Foreign
Affairs and International Cooperation and his Russian counterpart H.E. Sergey
Lavrov in Moscow.
The commission aiming at
expanding trade and investment between the two countries is expected to boost
trade which at the moment is at the minimum.
"Although the
volume of trade between our two countries has increased to reach 52 million USD
for Tanzania and 60 million USD for Russia, it is not enough. We can do
better" Minister Membe elaborated.
On his part, Minister
Lavrov said the last bilateral investment forum between the two countries was
held in 2009. The Commission will provide the needed platform for the countries
to conduct regular forums which in turn will increase trade and investment
opportunities.The commission will also
assist in promoting the fast-growing energy sector in Tanzania whereby a number
of Russian companies have already expressed their interest investing in it.
Other areas that will
benefit through the establishment of this commission are tourism and education
sectors whereby strategies to attract more Russian tourists to Tanzania and to
increase number of Tanzanian students in Russia will be implemented respectively.
The two Ministers also
agreed to strengthen the Military Technical Cooperation between their countries
due to the crucial role they both play in conflict resolution and peace
building in Africa.
On peace building
aspect, Hon. Membe thanked Russian Government for its continued support and
assistance in resolution of conflicts in Somali, DRC and now South Sudan.
In turn, Minister Lavrov
commended Tanzania for her unwavering historical role in promoting and
sustaining peace in DRC, South Sudan and other areas in Africa.
In his response, Hon.
Membe who is in Moscow following an invitation of his counterpart urged Russia
to stay on course in promoting Africa's development agenda.
"Time has now come
for AU to implement its decision to open an office in Moscow to allow
continuous discussions on this agenda. It is our hope that your government will
facilitate the process for our mutual benefit" said Minister Membe.
The two ministers also
agreed to take their countries bilateral relations to greater heights by
promoting culture of both countries and people to people relations.
While in Moscow, Hon.
Membe also had an opportunity to brief African Ambassadors and diplomats based
in Moscow on the on-going peace processes in DRC and South Sudan.
Minister Membe's two-day
official visit in Moscow will conclude with the meeting with Tanzanians
students and professionals from Moscow and surrounding areas.
Issued by:
Government Communication
Unit,
Ministry of Foreign
Affairs and International Cooperation.
16.01.2015
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