AIRLINK 74.60 Decreased By ▼ -0.65 (-0.86%)
BOP 5.14 Increased By ▲ 0.03 (0.59%)
CNERGY 4.50 Decreased By ▼ -0.10 (-2.17%)
DFML 33.00 Increased By ▲ 0.47 (1.44%)
DGKC 88.90 Decreased By ▼ -1.45 (-1.6%)
FCCL 22.55 Decreased By ▼ -0.43 (-1.87%)
FFBL 32.70 Decreased By ▼ -0.87 (-2.59%)
FFL 9.84 Decreased By ▼ -0.20 (-1.99%)
GGL 10.88 Decreased By ▼ -0.17 (-1.54%)
HBL 115.31 Increased By ▲ 0.41 (0.36%)
HUBC 136.63 Decreased By ▼ -0.71 (-0.52%)
HUMNL 9.97 Increased By ▲ 0.44 (4.62%)
KEL 4.63 Decreased By ▼ -0.03 (-0.64%)
KOSM 4.70 No Change ▼ 0.00 (0%)
MLCF 39.70 Decreased By ▼ -0.84 (-2.07%)
OGDC 138.96 Decreased By ▼ -0.79 (-0.57%)
PAEL 26.89 Decreased By ▼ -0.76 (-2.75%)
PIAA 25.15 Increased By ▲ 0.75 (3.07%)
PIBTL 6.84 Decreased By ▼ -0.08 (-1.16%)
PPL 122.74 Decreased By ▼ -2.56 (-2.04%)
PRL 27.01 Decreased By ▼ -0.54 (-1.96%)
PTC 14.00 Decreased By ▼ -0.15 (-1.06%)
SEARL 59.47 Decreased By ▼ -2.38 (-3.85%)
SNGP 71.15 Decreased By ▼ -1.83 (-2.51%)
SSGC 10.44 Decreased By ▼ -0.15 (-1.42%)
TELE 8.65 Decreased By ▼ -0.13 (-1.48%)
TPLP 11.51 Decreased By ▼ -0.22 (-1.88%)
TRG 65.13 Decreased By ▼ -1.47 (-2.21%)
UNITY 25.80 Increased By ▲ 0.65 (2.58%)
WTL 1.41 Decreased By ▼ -0.03 (-2.08%)
BR100 7,819 Increased By 16.2 (0.21%)
BR30 25,577 Decreased By -238.9 (-0.93%)
KSE100 74,664 Increased By 132.8 (0.18%)
KSE30 24,072 Increased By 117.1 (0.49%)

MOSCOW: President Vladimir Putin said Friday that Russia and the African leaders attending a summit in Saint Petersburg had agreed to promote a multipolar world order and to fight neo-colonialism.

Putin hailed the “commitment of all our states to the formation of a just and democratic multipolar world order” during a statement to the media following the summit.

The Russian leader also mentioned the “joint determination to counter neo-colonialism, the practice of applying illegitimate sanctions, and attempts to undermine traditional moral values.”

The two-days summit was seen as a test of Russia’s support in Africa, where Russia retains backing despite international isolation sparked by the military intervention in Ukraine.

Kremlin accuses West of trying to sabotage its showcase Russia-Africa summit

Putin said participants “demonstrated their independence and real interest in developing cooperation with our country.”

The representatives of 49 countries, including 17 heads of state, had confirmed they would attend.

Participants signed a joint declaration that called for “the establishment of a more just, balanced and stable multipolar world order, firmly opposing all types of international confrontation in the African continent.”

It said that Russia would support African countries’ efforts to “ensure compensation for colonial policies, including the restitution of cultural property displaced in the process of colonial plundering.”

The meeting took place around ten days after Russia withdrew from a deal that protected Ukrainian grain exports.

The suspension of the deal – that helped to stabilise global food prices and avert shortages – increased fears of a global food crisis.

The Russian leader said his country would “continue to supply African friends with grain crops both on a contractual basis and free of charge.”

He said Ukraine would be discussed with some African countries at a dinner on Friday.

Putin also said the leaders had agreed to improve cooperation on aid, energy and trade, including by “consistently switching to national currencies for commercial transactions.”

Comments

Comments are closed.