Moscow:Addis Ababa Russian President Vladimir Putin has praised the significant increase in trade between Russia and Ethiopia, which has surpassed 1.3 billion USD in the first nine months of 2026.
According to Ethiopian News Agency, Putin emphasized Moscow’s dedication to enhancing economic and trade relations with Ethiopia. He noted that the trade figures for January to September 2026 more than doubled the total for the entire year of 2025.
During discussions with Ethiopian Prime Minister Abiy Ahmed at the Third Russia–Africa Summit in Moscow, Putin described the relationship between the two nations as friendly and constructive. He highlighted the potential for large-scale cooperation in various sectors, including energy, agriculture, industry, space exploration, science, healthcare, and education.
Putin reiterated Russia’s commitment to strengthening its long-standing relationship with Ethiopia and noted his personal rapport with Prime Minister Abiy. He referenced their meeting at the BRICS Summit in New Delhi, where they discussed key areas of cooperation.
The Russian President also pointed out the countries' collaboration on international affairs through the United Nations, BRICS, and other multilateral platforms. He expressed support for Africa's growing role in the new multipolar world order.
Furthermore, President Putin wished Ethiopia success in hosting the 2027 United Nations Climate Change Conference in Addis Ababa. He mentioned that the Third Russia–Africa Summit would conclude with a declaration and a new Action Plan for the Russia–Africa Partnership Forum for 2027–2029, aiming to strengthen bilateral relations and address regional and international issues.
