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General News Sun, 15 Jun 2014

Ghana’s democracy admirable - Russian Charge d’Affaires

The Charge’d Afffaires of the Russian Federation, Dr Igor Degtyarev, has expressed admiration for Ghana’s democracy, saying “one really feels free in this country.”

He said his love for Ghana was due to its democracy and the country’s ability to develop itself rapidly. Dr Degtyarev made these remarks at a reception in Accra on Wednesday to commemorate the Russian National Day.

Dr Degtyarev said though Russian mentality at the present time was influenced by pragmatism, he explained that values, appropriate checks and balances were tools essential for that country’s development.

According to him, it is time developing countries adhered to and practised these instruments to help ensure stability in development.

Stating the contributions of Ghana to the Russian Federation, Dr Degtyarev said Ghana had contributed greatly to the Russian state with respect to trade, and pledged his commitment to strengthen bilateral relations between the two countries.

The Minister of Defence, Mr Mark Owen Woyongo, announced that Ghana would be participating in the first Intergovernmental Russia/Ghana Commission for Trade, Economic, Scientific and Technical Cooperation to be held in Moscow this year.

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He stated that the commission would review and strengthen bilateral relations between the two countries.

In his comments on Ghana’s economic relationship with Russia, Mr Woyongo said LUKOIL, a leading global oil company, had set up branches in the emerging upstream oil and gas sectors in Ghana.

According to him, the initiative by LUKOIL will improve the oil and gas sector in the country.

While acknowledging the improved economic relationship between Ghana and Russia, Mr Woyongo invited more foreign direct investments from Russia.

He said several Russian investors had demonstrated confidence in the Ghanaian economy through their investments in the economy.

“For this reason, it is our fervent hope that the Russian Government will take advantage of Ghana’s vibrant democratic credentials and its status as a haven of peace and security in the sub-region,” he said

Source: Graphic.com.gh
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