Putin stated at the third Russia-Africa Summit that Russia would not pursue "neo-colonialism."
Russian President Vladimir Putin told African leaders at the third Russia-Africa Summit in Moscow that Russia would not engage in "neo-colonial exploitation" of the African continent, unlike former colonial powers. He noted that Western countries are still trying to exploit African resources and use debt to hinder the continent's development. Putin emphasized that Russian businesses are committed to expanding local processing of raw materials, creating jobs and tax revenues, and have supplied 13 million metric tons of agricultural products to Africa in the first nine months of this year. He also stated that Russia is prepared to expand the geographical scope of agricultural product shipments and will hold one-on-one talks with African leaders on topics such as trade, security, food supply, and arms deals.
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