President Geingob cautions against unilateralism

President Geingob cautions against unilateralism

President Hage Geingob has cautioned countries against the growing of unilateralism saying this could hinder economic development and world sliding into unipolarism.
He addressed the plenary session at the Russia-Africa summit in Sochi on Thursday.
He said, in the face of increasing moves to favour unilateralism in some parts of the world, the African continent is positioning itself to accommodate all in terms of trade.
According to the Namibian leader, the launch of the ambitious African Continental Free Trade Area this year signalled not only integration for African nations but just how it wants to conduct business with the rest of the world.
Therefore, Geingob invited Russia to help unlock the potential of the Free Trade Area.
Russia’s relations with Africa for years relied on strong political and military support the then Soviet Union rendered to the continent's liberation movements.
The first-ever Russia-Africa summit sought to advance cooperation but President Geingob and fellow African and Russian leaders want this to be based on mutual understanding.
According to the Russian government, its trade with African countries amounted to over US$20 billion in 2018.
As the Kremlin wants to further increase its presence on the continent, President Vladimir Putin announced the writing off of debts for African countries, amounting to billions of dollars, some dating back to the Soviet-Union era.
This is believed to be in exchange for partnerships in infrastructure and transport projects.
President Putin said that Russia, as a permanent member of the UN Security Council, is also promising to advocate for the principle of finding African solutions to African problems, instead of political interference.