The prospects for expanding Russia’s trade, investment and infrastructure cooperation with Nigeria in the face of international competition

  • Кирилл Андреевич Алешин Institute for African Studies, Russian Academy of Sciences
Keywords: Africa, Nigeria, Russia, foreign affairs, cooperation, international competition, economy, investment, export, import, trade, infrastructure

Abstract

Purpose: the author aims to determine the state of cooperation between Russia and Nigeria in the field of trade, investment and infrastructure in the context of international competition and to propose mechanisms for deepening ties. Discussion: the author offers an assessment of the level of relations, prospects and opportunities, difficulties in the interaction between the Russian Federation and Nigeria in the field of trade, investment and infrastructure. Results: the author concludes that Nigeria is one of the key and promising partners of Russia on the African continent. There is considerable potential for increasing export operations by Russian companies, deepening investment cooperation, and expanding ties in the field of infrastructure. The article contains a number of specific measures for speeding up the development of bilateral economic relations.

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Published
2019-11-20
How to Cite
Алешин, К. А. (2019). The prospects for expanding Russia’s trade, investment and infrastructure cooperation with Nigeria in the face of international competition. Modern Economics: Problems and Solutions, 10, 47-57. https://doi.org/10.17308/meps.2019.10/2224
Section
International Economics