Russia plans investment in Eritrean port as foreign ministers meet - News Summed Up

Russia plans investment in Eritrean port as foreign ministers meet


Russia is set to make investments in a port in Eritrea as Moscow enters talks to set up a logistics centre in the Horn of Africa nation. RIA news agency cited Foreign Minister Sergei Lavrov as disclosing the move on Friday during a meeting with his Eritrean counterpart Osman Saleh. It did not name the port,” a Reuters report added. Eritrea’s known port are at Massawa and Assab. A recent report by Bloomberg quoted a mines official hinting of a possibility of developing another port for potash export.


Source: Ethiopian News August 31, 2018 15:38 UTC



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