Tanzania and Russia have agreed to expand cooperation in trade, investment, energy and infrastructure, underscoring efforts by both countries to strengthen economic ties and open new business opportunities.

The commitment came during talks between President Samia Suluhu Hassan and Russian President Vladimir Putin at the Kremlin, where the Tanzanian leader began a three-day state visit to Russia. The visit is the first by a Tanzanian head of state in more than 50 years.

For Tanzania, the trip reflects a broader push to attract investment, create jobs and support economic growth through stronger partnerships with major global economies.

Government officials and business leaders accompanying Samia are expected to use the visit to promote opportunities across key sectors of the economy.

The discussions also come at a time when Russia is seeking closer economic relations with African nations.

Both leaders said there is room to expand cooperation in areas that could deliver long-term benefits for businesses and citizens in both countries.

Focus on trade, energy and development

During the talks, Putin highlighted energy, geological exploration, transport and logistics, healthcare and education as sectors with strong potential for deeper cooperation.

The two leaders also exchanged views on regional and international issues and reviewed preparations for the upcoming Russia-Africa Summit.

Their discussions centered on ways to increase trade, encourage investment and support development projects that could strengthen economic links between the two nations.

Samia described the visit as a historic moment for Tanzania, noting that the last Tanzanian leader to make a state visit to Russia was the country’s founding president, Julius Nyerere, in 1969.

“This is a very important visit for our country as we discuss bilateral cooperation and development opportunities for our people,” she said.

Growing economic ties

Welcoming the Tanzanian president, Putin said Russia highly values its long-standing relationship with Tanzania as the two countries approach 65 years of diplomatic relations.

He noted that bilateral trade increased by between 20% and 25% last year, a sign that commercial ties are strengthening. Putin said both countries have opportunities to further expand trade and investment in the years ahead.

The Russian leader also praised Samia’s role in advancing relations between the two countries through her years of public service.

Business forum takes center stage

As part of the visit, Samia is expected to lead a Tanzania-Russia Business Forum bringing together government officials, investors and business executives.

The forum will focus on opportunities in mining, agriculture, tourism, manufacturing, infrastructure and energy. Samia is also scheduled to address the St. Petersburg International Economic Forum, one of Russia’s largest business gatherings, where global leaders and investors meet to discuss trade, investment and economic development.