‘West still treats Africa as former vassals’

Western “colonial” states are not interested in South Africa’s development, but rather want to take its natural resources and never give anything back, pres. Jacob Zuma, told RT. It’s China’s investment that Zuma sees as a way to prosperity.

“The Western world or the European countries, in particular, came to Africa [in the 19th century] to colonize and they had been taking the resources of Africa,” Zuma said.

But even after the continent decolonized itself in the mid-20th century, its relationship with the US, UK, France and other Western countries “remained the same,” he stressed.

“They still regard us as the Third World, as a kind of people, who must be related to as the former subject [state], etc. That talks also to the economics… Their intention has never been to make the former colonial countries develop,” the president explained.

Zuma believes things “would never be the same” with China, which has been heavily investing in Africa since the early 2000s, as it came to the continent “as equals.”

“The Chinese come differently. They come to do business with us. They are ready to help… The results would be that African countries will be empowered,” he said.

China is educating African students and building highways in many countries, while the Western states “only built roads from mining areas to harbors,” the president added.

China is currently South Africa’s top trading partner, and Zuma expressed confidence that recent attacks on foreigners, in which Chinese citizens were affected, won’t lead to a cool down in relations between Pretoria and Beijing.

“The issue of xenophobia was exaggerated in South Africa,” he said, adding that the true reasons for the attacks lay outside racial issues.

The South African leader pointed out that thousands across the country had taken to the streets to protest xenophobia after five people died in violence in Durban in mid-April.

Despite “some things here and there,” South Africa was one of only two African nations approved as one of the 57 founding members of the Chinese-led Asian Infrastructure Investment Bank (AIIB).

Beijing and Pretoria will also join efforts to establish the BRICS bank (New Development Bank), with South Africa set to host the new financial institution’s regional center. The countries comprising the BRICS group are Brazil, Russia, India, China and South Africa.

Zuma criticized existing international financial institutions, such as the International Monetary Fund and the International Bank for Reconstruction and Development, saying that “it’s very difficult to pinpoint the real exemplary kind of delivery by these institutions,” and that African countries “got into more difficulties” by relying on their assistance.

The idea of the New Development Bank has “brought the fresh breath in the system,” he said.

“BRICS has brought the bank, which is a developer; which is going to operate differently… It’s focusing on the Third World, not just on the Third World, but whomever else. And it’s actually aimed at helping to uplift countries that need help,” the president said.

Meeting with Zuma, Russian President Vladimir Putin advocated BRICS development as a vehicle for improving the economies of Russia and South Africa.

Zuma arrived in Moscow on Vladimir Putin’s invitation as guest at the May 9 military parade dedicated to the 70th anniversary of Victory over Nazi Germany.

He stressed the importance of the occasion as “at times, people have got short memories. They might be forgetting that we came from a very serious situation, which led to many deaths.”

The South African president observed that the Soviet Union had “suffered a great deal” during World War II, noting that “the turning point of the defeat of fascism was done by the Russians.”

Source: RT

Merkel, Zuma in Moscow for V-day celebrations

Ukraine’s settlement and possibilities for the restoration of cooperation between Russia and Germany will be high on the agenda of talks in the Kremlin on Sunday between Russian President Vladimir Putin and German Chancellor Angela Merkel, who is arriving in Moscow to attend celebrations in honour of the 70th anniversary of the World War II Victory.

Before the talks, the two leaders together will lay wreaths at the Tomb of the Unknown Soldier near the Kremlin wall.

Putin also spoke of the ‘Immortal Regiment‘ initiative’s importance earlier, while marching with over 300,000 people in Moscow’s Red Square, Saturday. “It was born not in cabinets, nor in administrative structures, but in the hearts of our people,” Putin told the interviewer.

“The sides will discuss, in particular, measures to boost trade and economic relations,” he said. In 2014, for the first time in recent years, a 6.5% decline in the Russian-German trade turnover volume was recorded, to $70.1 billion, compared to the previous year.

At the same time, the Russian economy has accumulated more than $21 billion of German investment. There are more than 6,000 companies with German participation operating in Russia, including about 800 – with 100% German capital. The volume of Russian investment in Germany is about $850 million.

The Kremlin also says the two countries have the traditionally intense cultural and humanitarian contacts and inter-regional cooperation.

The meeting with Merkel will complete the four-day “marathon” of international meetings that Putin has held on the sidelines of the Victory Day celebrations.

Since May 7, he has held talks with the leaders of the CIS (Commonwealth of Independent States) countries and the Eurasian Economic Union (EAEU), as well as with the leaders of Cuba, Mongolia, China, India, Vietnam, the Czech Republic, South Africa, as well as with the UN Secretary-General.

The South African president arrived in Moscow on Friday to join in commemorations of the 70th anniversary of the Allied victory.

Zuma urged on Saturday to endorse a “meaningful” reform of the United Nations to build a more just world order, the presidency said in a statement.

Meanwhile Martin Charmoy, head of Prosperity Capital Management fund in London, predicted that trade between Russia and China will reach $200 billion in the next several years.

Russia and China are quickly becoming close friends, a growing threat to European markets, Martin Charmoy, head of Prosperity Capital Management fund in London, said.

The analyst also predicted that trade between Russia and China will reach $200 billion in the next several years.
“Russia and China are becoming best friends,” Charmoy concluded.

Meanwhile, the analysts said European companies that once were very successful in the Russian market are losing their positions due to sanctions and the geopolitical situation.

This week during the Chinese President Xi Jinping’s visit to Moscow, a wide range of agreements in the trade, economic and energy fields were inked. The main issue on the agenda was an agreement to couple the Eurasian Economic Union and the Silk Road projects.

Last year, Russia’s gas-producing giant Gazprom and Chinese CNPC signed a deal to supply China with 38 billion cubic meters of gas per year over the next 30 years.

The total sum of the contract is estimated to be $400 billion, the largest Gazprom contract ever. The gas price is attached to the oil price. The supplies are planned to start in four to six years.

Source: Sputnik News/Itar-TASS