Moscow: Russian Foreign Minister Sergey Lavrov announced that the upcoming Russia-Africa Summit in October will prioritize expanding economic cooperation, digital technologies, and alternative financial mechanisms. Lavrov shared these details during a news conference following discussions with Guinea-Bissau Foreign Minister Fatumata Djau Balde in Moscow.

According to Anadolu Agency, Lavrov stated it was premature to anticipate potential breakthroughs from the summit, which will occur in Moscow. He emphasized that the focus is on sustainable relations and tangible results, particularly in the material sphere and humanitarian cooperation. The summit will address information and communication technologies, artificial intelligence, the digital economy, and the expansion of settlements in non-Western currencies.

Lavrov mentioned that many organizations in Africa, Latin America, and groups like the SCO and BRICS are exploring new payment platforms, aiming to reduce colonial dependence. Food security will be a significant topic at the summit, with discussions extending beyond Russian exports to establishing agricultural and fertilizer production in Africa.

On bilateral relations, Lavrov announced that Russia and Guinea-Bissau will prepare for their first joint business forum to explore promising areas of economic cooperation. Guinea-Bissau's transitional president, Horta Inta-a, has confirmed attendance at the third Russia-Africa Summit.

Guinea-Bissau's foreign minister highlighted that the agreements made during the talks would enhance bilateral relations. She noted the friendly relations between the two nations and expressed determination to strengthen these ties further. Discussions included expanding cooperation in agriculture, food security, higher education, science, and healthcare, as well as promoting investment and technology exchange. The goal is to reinforce political dialogue, deepen economic connections, and consolidate initiatives for long-term mutual benefits.