WINDHOEK, Oct. 22 — Executive Secretary of the Southern African Development Community (SADC) Stergomena Lawrence Tax will visit Russia on Oct. 23-24 to attend an investment forum, the SADC Secretariat said Monday.
During the visit, SADC and the Russian Federation will sign a memorandum of understanding and discuss progress on an earlier MoU on security, according to a SADC statement issued on Monday.
The main objective of the SADC investment forum in Moscow is to create a platform for SADC to share with Russian partners information on investment opportunities in the SADC region, the statement said.
“During the investment forum, the SADC secretariat will participate in the panel discussions, focusing on energy and infrastructure development; finance and logistics; regional industrial value chains, mining and health,” it said.
On the sidelines of the investment forum, Tax and Russian foreign minister Sergey Lavrov will sign an MoU on the basic principles of relations and cooperation between SADC and the Russian Federation.
“During the visit, the executive secretary will hold discussions with the Federal Agency for Military-Technical Cooperation of the Russian Federation on the implementation of the MoU signed on July 27, 2018, between SADC and Russian government in the areas of military-technical cooperation,” the statement said. – XINHUA
SADC head to visit Russia on cooperation
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