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Tanzania: Country Set to Receive More Investors, Tourists From Russia

He also reiterated Russia's commitment to strengthen the bilateral trade relationship to benefiting people of two countries.

in News, Travel
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TANZANIA is set to receive more investors and tourists from the Russian federation wishing to explore opportunities and attractions the country is endowed with.

READ MORE: African Development Bank grants $1.4 million to Export Trading Group to strengthen entrepreneurship skills of women-owned & led businesses in Mozambique, Tanzania and Zambia

This is according to the Russian Ambassador to Tanzania, Mr. Andrey Avetisyan – revealing the current trade volume between the two brotherly countries which stands at around 200 million US dollars was very low compared to the growth potential.

He also reiterated Russia’s commitment to strengthen the bilateral trade relationship to benefiting people of two countries.

The envoy said that in turn, Tanzania authorities are positively responding by timely granting the Russian embassy all needed clarification on available opportunities and investments logistics required before one can start projects in the country.

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In Tanzania, the Kibuka community has improved their household economy by more than 50%.

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READ MORE: Cartoonist Masoud Kipanya invents Tanzania’s first electric car

According to him, Tanzania is socially welcoming to Russians, as many professionals did their studies in his country and they speak the Russian language, which eliminates barriers of communication.

Moreover Tanzania has embraced openness in its business, and this is of interest to many Russian, the envoy said, adding that promotion of Kiswahili language is taken positively as many universities in Russia are teaching the East African medium of communication, hence, another advantage for investment.

READ MORE: Tanzania: Burj Alhamal, One of the World’s Biggest Ruby Goes on Display

On the side of Tourism, Mr. Avetisyan highlighted that more Russian tourists are set to start visiting Tanzania, after eased travel restrictions previously instituted globally to combat spread of Covid-19 pandemic.

He said in the year 2020, Tanzania received about 85,000 Russian visitors, and that such number can be reclaimed and even surpassed if there is a direct flight between the two countries.

The envoy said that other areas for intensifying cooperation, including cementing cultural exchange, while Tanzanian dances, arts and other cultural practices were catching eyes of many Russian citizens, while his country has a cultural center in Dar es Salaam which is a good starting point.

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