Russian Minister of Natural Resources invites South African colleagues to take part in SPIEF
A meeting of the Joint Intergovernmental Committee of Russia and South Africa on Trade and Economic Cooperation took place on 21 November.
During the meeting, the Co-Chairmen of the Committee, Russian Minister of Natural Resources and Environment Dmitry Kobylkin and South African Minister of Foreign Affairs Lindiwe Sisulu, discussed the current state of trade and economic relations and bilateral cooperation in geology, subsoil use, education, science, and technology as well as their further prospects.
Kobylkin said that business activity had increased 26% in the first nine months of this year compared with the same period last year and also stressed that the countries have begun developing cooperation in fundamentally new areas in the energy sector, such as the joint production of radioisotope products and nuclear medicine. In addition, the minister noted that Russia and South Africa have been productively cooperating in the development of oil and gas projects, the exchange of raw materials processing technologies as well as joint work in science, technology, and space research.
At the conclusion of the meeting, Kobylkin thanked the South African delegation for their productive cooperation and invited Sisulu to take part in the St. Petersburg International Economic Forum on 6–8 June 2019.