{"id":475626,"date":"2022-03-04T11:32:10","date_gmt":"2022-03-04T11:32:10","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=475626"},"modified":"2022-03-04T11:34:07","modified_gmt":"2022-03-04T11:34:07","slug":"russian-ukrainian-conflict-guinea-prioritizes-its-strategic-interests","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2022\/03\/04\/russian-ukrainian-conflict-guinea-prioritizes-its-strategic-interests\/","title":{"rendered":"Russian-Ukrainian conflict: Guinea prioritizes its strategic interests"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>True to its history of non-alignment since the time of the post-independence revolution and the Cold War, Guinea simply did not vote for the United Nations Security Council resolution, submitted on Wednesday March 2 by the Europeans &#8221; demanding that Russia immediately stop using force against Ukraine\u201d. Of the 193 members of the Organisation, 141 countries voted in favor of the text, 5 countries including Russia (Belarus, North Korea, Eritrea, Syria) voted clearly against the text, while 35 countries including Russia&#8217;s allies, such as China and Venezuela, preferred to abstain.<\/p>\n<p>The historical economic relations between Guinea and Russia, and the context of transition which requires the support of strong allies to face sanctions and possible isolation as is the case for Mali weighed in the balance. Despite pressure from the European Union on Conakry, calling on the Guinean authorities to support this Security Council resolution, Guinea, faithful to its position vis-\u00e0-vis foreign powers, preferred to shun the vote. Privileging its interests, where Bamako has for its part, checked abstention despite its rapprochement with Russia.<\/p>\n<p>The Russian economic balance<\/p>\n<p>The Russian giant, RUSAL, one of the world leaders in the aluminum industry, owns the Compagnie des Bauxites de Kindia (Rusal-CBK) in Guinea, which produces nearly 3.5 million tonnes, but also the Bauxite-alumina complex of Friguia (Rusal-Friguia) which produces more than 650 thousand tons of alumina. The multinational is also engaged in the exploitation of the &#8220;Dian-Dian&#8221; bauxite deposit through its third subsidiary Rusal-COBAD, in the Bok\u00e9 region with a proven reserve of 564 million tonnes which is increasing in speed. Not to mention cooperation in the fields of medicine, scientific research, studies, defense, etc.<\/p>\n<p>A Russian investment contribution that amounts to hundreds of millions of dollars each year for the Guinean economy. This makes Russia a leading historical, strategic and economic partner for Conakry.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>True to its history of non-alignment since the time of the post-independence revolution and the Cold War, Guinea simply did not vote for the United Nations Security Council resolution, submitted on Wednesday March 2 by the Europeans &#8221; demanding that Russia immediately stop using force against Ukraine\u201d. Of the 193 members of the Organisation, 141<\/p>\n","protected":false},"author":536282,"featured_media":475628,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[8027],"tags":[20758,20757,20759],"class_list":["post-475626","post","type-post","status-publish","format-aside","has-post-thumbnail","category-non-classe-en","tag-guinea-prioritizes","tag-russian-ukrainian-conflict","tag-strategic-interests","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Russian-Ukrainian conflict: Guinea prioritizes its strategic interests - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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