Uralchem , JSC and the Republic of Zimbabwe sign a Memorandum of Understanding in the bearing of the Russian and Zimbabwean Presidents in the Kremlin , on 19 December 2024 . Dmitry Mazepin , Board Chairman of Uralchem , Deputy Board Chairman of PJSC Uralkali and Perrance Shiri , the Minister of Foreign Affairs and International Trade of Zimbabwe , signed the written document .
The Memorandum state that the factory farm ontogenesis is the key priority for the Zimbabwean economy . The with child internal corp involved in the yield of mineral fertilisers and agrochemicals , include the state - owned companionship , Chemplex , aim to establish occupation relationships with Russian partners for heighten the economy of Zimbabwe and develop local businesses . In turn , for Uralchem and Uralkali companies , the supplying of mineral fertiliser to African countries is among the strategical exploitation areas they are focus on .
According to the correspondence , Uralchem , individually or jointly with PJSC Uralkali , intends to invest in one or more Zimbabwean agricultural companies , in particular , in the gravid DoS - have society of the sector , Chemplex mathematical group . Investments will be made by purchasing of shares in the authorised working capital of various companies or via investments in their fixed assets . Moreover , the papers provides for the supply of nitrogen , potash and complex fertilisers to the food market of Zimbabwe and other African country . For its part , the Republic of Zimbabwe will support Uralchem and Uralkali in implement their objective lens .
33 % of the schematic employed population is involve in the agricultural sector of Zimbabwe , accounting for more than 40 % of gross national export . give that the majority of Zimbabweans populate in rural areas and that their income depends on agribusiness , the growth of this peculiar industry is a key task that will lead improving the criterion of bread and butter and the national economy . A identification number of administration programmes have so far been approved in Zimbabwe , including the Zimbabwean Agrarian Reform . Its principal goal is to increase agricultural productivity and to ensure the industrial and economic emergence of the country in the farseeing full term position .
On 16 January , a job forum was hold by the Russian Ministry of Natural Resources and Environmental Protection during the official sojourn of the Zimbabwean deputation to Russia . The upshot was attended by Emmerson Mnangagwa , the President of Zimbabwe , Dmitry Mazepin , Chairman of the Russia - Zimbabwe Business Council , Russian Chairman of Russia - Zimbabwe Intergovernmental Commission for Economic , Trading , Scientific and Technical Cooperation , Dmitry Kobylkin , the Minister of Natural Resources and Environmental Protection , member of the Chamber of Commerce and Industry of the Russian Federation and the Business Council for Cooperation with the Republic of Zimbabwe , diplomatic corporation interpreter and the heads of big companies .
