Trade between Namibia and Russia has grown over the years, reaching a peak of over 300 million by the end of 2025.
Building on this long-standing relationship, Russian Deputy Prime Minister Yury Trutnev paid a courtesy call on President Netumbo Nandi-Ndaitwah.
Namibia and Russia are seeking to expand trade, investment and cooperation.
Officials from the two countries met in Windhoek for the 11th session of the Intergovernmental Commission on Trade and Economic Cooperation between Namibia and Russia.
The Minister of International Relations and Trade said the report of Rapid Assessment on Value Addition and Diversification is the realisation of the eighth administration.
Selma Ashipala-Musavyi affirmed that the recommendations offer a foundation for informed decisions.
President Netumbo Nandi-Ndaitwah says Namibia has entered 2026 with clear foreign policy objectives.
She says the country is determined to ensure that its international relations translate into tangible partnerships that promote trade and economic growth.
Ten countries have reaffirmed diplomatic relations with Namibia, identifying priority areas of cooperation including trade, tourism, infrastructure development, and various exchange programmes.
The Minister of International Relations and Trade has said the realisation of African countries to trade among one another did not commence following U.S. President Donald Trump's imposed tariffs on African countries.
The Minister of International Relations and Trade (MIRT) says engagements in the latter part of 2025 continued to strengthen Namibia's relations with sovereign states.
Trade tariffs imposed by the United States are negatively affecting Namibia's export earnings, having disrupted established value chains and decreasing competitiveness in traded goods.
Namibia will make its second shipment to Kenya on Monday through the African Continental Free Trade Area (AfCTA).
The second consignment will come from MeatCo.
The Deputy Minister of International Relations and Trade, Jenelly Matundu, has reaffirmed Namibia's commitment to promoting international standards and strengthening technical regulations under the African Continental Free Trade Area (AfCFTA).
