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European Investment Bank and UNIDO to co-host Africa Day 2018

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The European Investment Bank has invited the United Nations Industrial Development Organization (UNIDO) to co-host the Africa Day 2018, which will take place on 22 November 2018 in Addis Ababa, Ethiopia.

EIB established the Africa Day as an effective and progressive platform for discussion across Africa and Europe. This year’s event will examine why inclusive and sustainable industrial development, which is at the core of UNIDO’s mandate, is increasingly topping the policy and business agenda in African countries. Africa Day 2018 will thus be a platform for sharing, discussing, networking and forging new partnerships while deepening existing ones to ultimately positively impact Africa through its sustainable industrialization.

High-level speakers from Africa and Europe will be joining to share their experiences of doing business in Africa, and to talk about where they see opportunities and challenges for inclusive growth and diversification. Other topics that will be addressed include:

  • How can industrial sectors across Africa be made more appealing for European and African companies?
  • Where are the opportunities to mobilize private investment for inclusive and sustainable industrial development?
  • How can the benefits of sustainable industrialization be maximized for two traditionally underserved groups: young entrepreneurs and women, whose inputs and involvement will be crucial?

Africa Day 2018 will further reflect on key milestones agreed by the international community in favor of the continent’s industrialization, including the 2030 Agenda for Development, the Global Goals and especially Sustainable Development Goal 9 on Industry, Innovation and Infrastructure, and the Third Industrial Development Decade for Africa (IDDA III). Indeed, manufacturing is expected to boom in Africa and will therefore create millions of direct and indirect jobs; it is therefore of real importance for the continent’s future, and for the millions of ambitious young men and women in Africa who are seeking jobs and opportunities.

Africa Day 2018 is open to CEOs and CFOs from African and European businesses as well as to government representatives, entrepreneurs, academia and civil society leaders. Participation is upon invitation only.

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Astana hosts 18th Iran-Kazakhstan Joint Economic Committee meeting

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Photo: Iranian Agriculture Minister Javad Sadati-Nejad (R) and Kazakh Prime Minister Alikhan Smailov sign MOU documents in Astana on Thursday.

The 18th meeting of Iran-Kazakhstan Joint Economic Committee meeting was held on Thursday in Kazakhstan’s capital Astana, at the end of which the two sides signed a comprehensive document to expand cooperation in numerous areas including trade, agriculture, environment, tourism, science, and technology, education and sports.

As IRIB reported, the two countries’ Joint Economic Committee meeting was co-chaired by Iranian Agriculture Minister Javad Sadati-Nejad and Prime Minister of Kazakhstan Alikhan Smailov.

Sadati-Nejad and Smailov held talks before the two countries’ joint meeting to discuss major areas that should be agreed upon in the event’s concluding document.

Speaking to the press after the joint committee meeting, Sadati-Nejad said that according to the signed memorandum of understanding (MOU), 30 percent of the trade between the two countries will be in the field of agricultural products.

According to the agriculture minister, the two countries are also going to establish a commercial-agricultural joint venture in order to develop trade in the Persian Gulf countries, Central Asia, and West Asia.

In this meeting, Amir Yousefi, the vice-chairman of the Agriculture Committee of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) also said that Kazakhstan is a good option for extraterritorial cultivation due to the good water conditions and the quality of soil, which should be considered by Iranian investors.

Reaching $3b of annual trade on agenda

Speaking on the sidelines of the meeting, Sadati-Nejad announced that the two countries have put an annual trade of three billion dollars on the agenda, expressing hope that signing the comprehensive MOU would pave the way for achieving this target.

“The presidents of the two countries have aimed to increase the level of trade to three billion dollars; currently this number is around 500 million dollars,” the minister said.

Mentioning the developments in the two countries’ banking relations, the official said that the expansion of relations in the agriculture sector is of special importance for both sides.

He further noted that a joint committee will be formed in the next month to pursue this goal, saying: “Kazakhstan has requested Iran’s engineering services in modern irrigation and desalination areas, and we have expressed our readiness to provide them with the mentioned services.”

Iranian trade center to be opened in Almaty

During the meeting of the two countries’ expert committees which was held prior to the main event on Wednesday, Amir Abedi, the head of the Iran-Kazakhstan Joint Chamber of Commerce, announced that the business office of Iran-Kazakhstan joint chamber will soon be opened in Almaty.

Pointing to the capacities of Iran and Kazakhstan for the development of economic relations, Abedi considered Kazakhstan’s market as a strategic destination for Iranian businessmen.

The 17th Iran-Kazakhstan joint economic committee meeting was held about a year ago in Tehran.

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The importance of Iran’s membership in the SCO

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The members of Majlis (the Parliament) have approved the emergency of the plan of Iran’s commitments to achieve the position of a member state in the Shanghai Cooperation Organization (SCO), – informs IRNA from Tehran.

The  emergency plan was endorsed with 161 votes in favor, two against, and three abstentions.

Ali Adyani, the deputy vice president for parliamentary affairs, said that the plan was proposed by the Ministry of Foreign Affairs, which was endorsed by the cabinet members, and sent to parliament to become law.

According to the official, Iran’s membership in the SCO is of great importance in terms of economic, social, and international affairs particularly because the opportunity would help the Islamic Republic get rid of illegal sanctions and enhance economic diplomacy.

Iran has been an observer of the SCO since 2005. Then, President Ebrahim Raisi called for full membership of the Islamic country in the organization in its last summer summit in Tajikistan.

The legislators have accepted to speed up scrutinizing the plan. Earlier, the Iranian parliament had endorsed the plan of accession of the Islamic Republic to the SCO.

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Sabah: ‘The Americans have deceived themselves, the Europeans and Ukraine’

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The US is repeating the same mistakes as in Iraq, Afghanistan, Libya and Syria. Now – in Ukraine. So it seems inevitable that Washington will face another setback as a result of its ideological obsession, – writes prominent Turkish observer Bercan Tutar at “Sabah” newspaper.

Having suffered a complete failure in the Middle East wars, the Americans sent to Ukraine not only their ineffective weapons, but also their inadequate thoughts and strategies. But no matter what they do, their chances of defeating Russia are very slim.

The 330th day of the war, which began on February 24, 2022, has already been completed. After a short retreat, Russia began redeployment. However, the fact that Russia abandoned the siege of Kyiv and focused on control over Russian-speaking regions led Ukrainian leader Volodymyr Zelensky and the United States to false conclusions.

Encouraged by Russia’s cautious military actions, the United States applied its strategy in the war on terrorism in Ukraine and. According to American experts, the current US administration is following the deadly tracks of previous military propaganda in Ukraine, which proved unsuccessful in Afghanistan and Iraq.

While Russia is pursuing a military strategy that prioritizes its political goals, we see that the US is lacking in both military and political leadership. As soon as the war in Ukraine began, the first goal of the US was to rally its NATO allies against the Russian invasion. It was a smart strategy and it worked.

However, when the US reached the first target, a further one only increased its expectations. Russia was asked to leave not only Donetsk and Lugansk (Donbass), but also Crimea. Even further, the United States began to voice maximalist demands, such as regime change in Moscow. But it is absolutely clear that these demands can arise only in conditions of a total world war.

As a result, American fantasies lead Washington to attempt strategic suicide. The Americans have deceived themselves, the Europeans and Ukraine.

Russian leader Putin said on the occasion of the 80th anniversary of the breaking of the blockade of Leningrad: “We tolerated it for a long time and tried to come to an agreement. As it has recently turned out, they were messing around with us; they were lying to us. This was not the first time this has happened to us. Yet we did everything in our power to settle the problem peacefully. It has become obvious now that it was an inherently impossible mission; the enemy was only preparing to bring this conflict to the hot phase. As I have said, there was no other way than to do what we are doing now.”

In short, some geopolitical officials in the US have dragged Zelensky into a ‘no-win war’ against a nuclear-armed Russia.

Now the world is focused on two options:

– either the US and its allies will perform a ‘miracle’ in Ukraine;

– or the Russians will crush Ukraine and then break the back of the NATO alliance.

Thus, the US strategic position in Europe will come to an end and a new world order will be born, perhaps with several centers of power outside of America.

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