Latest news with #KazanEconomicForum
Business Insider
22-05-2025
- Business
- Business Insider
Russia extends an olive branch to Sudan as it hands over two geological atlases
During recent Joint Ministerial Committee meetings Sudan and Russia, two comprehensive geological atlases and technical papers were officially handed over to Sudan's Minerals Ministry. Sudan has received two geological atlases from Russia aimed to replace lost mining data and aid the country's mineral sector recovery. Dr. Hind Siddiq, Sudan's Mineral Resources Undersecretary, initiated the exchange during the Kazan Economic Forum. Russia has pledged both physical and digital versions of the reports and explored mining investment potentials, particularly in chromium and manganese. These records replace critical mining data lost during Sudan's continuing conflict, representing an important step toward rebuilding the country's mineral sector. Dr. Hind Siddiq, Sudan's Mineral Resources Undersecretary, requested the data transfer during the Kazan Economic Forum, and it was launched. Recognizing Sudan's urgent need, Russia swiftly delivered physical copies of the reports and promised to supply digital versions soon. Russia reviewed investment potential in Sudan's mining industry, particularly in the chromium and manganese sectors, as reported by the Sudan News Agency. The Sudanese Ministry of Minerals delegation recommended that the Russian side submit recommendations for technical analysis and subsequent debate during the Joint Ministerial Committee's eighth session, which is slated for next June. Sudan's call for Russian integration Sudan's Ministry of Minerals underlined at the forum that economic integration is no longer an option, but rather a necessity in today's interconnected globe. The Ministry emphasized the significance of sharing resources, expertise, and technology in promoting mutual development and stability between Sudan and Russia. Dr. Siddiq, who led Sudan's team to the Kazan Forum, emphasized the importance of true relationships based on trust, shared goals, and equitable development. The Kazan Forum, officially titled 'Russia – Islamic World: KazanForum,' has been held annually and gained federal recognition in 2022 by presidential decree. At the event, the Ministry of Minerals' undersecretary emphasized that such cooperation might help Sudan achieve a more peaceful and prosperous future. She also noted that the mining industry is one of Sudan's most important economic pillars, providing chances for foreign investment and the use of cutting-edge mineral exploration and extraction technologies. Russia and Sudan's mining history Dr. Siddiq also traced Sudan's lengthy history of mining partnership with Russia back to the 1970s. At the time, collaborative activities centered on geological, geochemical, and geophysical mapping, notably in the Red Sea region. The relationship developed dramatically during the Sudanese-Russian Joint Ministerial Committee, which was established in 2013. Several cooperation endeavors arose during the course of seven meetings, the most notable of which was the Sudan metallurgical map at a scale of 1:1,000,000. This ambitious initiative, a collaboration between Sudan's Geological Research Corporation and Russia's RoseGeo, seeks to map Sudan's abundant mineral resources.
Barnama
13-05-2025
- Business
- Barnama
Malaysia, Russia To Explore Ways To Beef Up Trade, Investment And Enable Seamless Transactions
BUSINESS Malaysian Ambassador to Russia Datuk Cheong Loon Lai holds a press conference in conjunction with Prime Minister Datuk Seri Anwar Ibrahim's four-day official visit to Russia beginning today (May 13). From Sharifah Hunaini Syed Ismail MOSCOW, May 13 (Bernama) -- Malaysia and Russia will explore ways to beef up trade and investment linkages while enabling seamless transactions between them to strengthen economic ties and cooperation during Prime Minister Datuk Seri Anwar Ibrahim's visit to Russia, Malaysia's Ambassador to Russia, Datuk Cheong Loon Lai, said Monday. 'The issue of payments was also discussed when the Prime Minister visited Vladivostok (for the Kazan Economic Forum) last year. I think both sides are very much engaged in finding ways (to facilitate seamless transactions and bolster trade relations). 'Interestingly, despite the challenges, trade between the two countries has been on an uptrend. Not only with Malaysia but trade and businesses between Russia with other countries in ASEAN have also been on the rise,' Cheong said. He cited how Russia and Vietnam have had vibrant business exchanges taking place,' he told a press conference ahead of Anwar's arrival today in the Russian capital for his official visit. While here, the Prime Minister will meet Russian President Vladimir Putin and the country's Prime Minister, Mikhail Mishustin. Anwar will head to Kazan in the Republic of Tatarstan on May 15 to attend the 16th International Economic Forum, entitled 'Russia-Islamic World: KazanForum'. Cheong said Moscow has a lot to offer, especially in terms of technology. 'They are advanced in various technologies, and they have been keen to offer the expertise that they have,' he said, adding that both sides would explore ways to collaborate in these areas.
