August 25, 2019, 1:36


Russian Government Plans to Boost Bilateral Trade With China to $200Bln By 2024

Russian Government Plans to Boost Bilateral Trade With China to $200Bln By 2024

MOSCOW (Sputnik) – The Russian government said on Thursday it planned to increase the volume of bilateral trade with China to $200 billion by 2024, while the volume of Russian-Indian trade is expected to reach $30 billion over the same period.

“The volume of bilateral trade between Russia and China [is planned] to grow to $200 billion… The volume of bilateral trade between Russia and India [is planned] to rise to $30 billion,” the government said in a statement on the main areas of its activities through 2024.

The document added that the Chinese investment in the Russian economy was expected to be increased to $15 billion.

According to the statement, the volume of trade between Russia and the Middle Eastern and Northern African countries is expected to reach $50 billion, while the volume of Russia’s trade with Sub-Saharan African states is expected to grow to $7 billion.

The volume of trade between Russia and Latin American countries is planned to be boosted to $20 billion.

According to the official figures, Russian-Chinese trade grew by 20.8 percent to $84 billion in 2017. The Chinese Commerce Ministry said in May that bilateral trade with Russia might surpass $100 billion in 2018 and reach $200 billion in 2020.

Russian-Indian trade amounted to $9.4 showing a 21.4 percent year-on-year increase in 2017.

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Weather

Moscow

Today08/24/2019
23℃

Sun
08/25/2019
sky is clear

  • sky is clear
  • HI/LO: 20/11
  • Clouds: 0%
  • Wind: 4.26 m/s
  • Wind Direction: NNW
  • Pressure: 1025hPa
  • Humidity: 58%

Mon
08/26/2019
sky is clear

  • sky is clear
  • HI/LO: 21/11
  • Clouds: 0%
  • Wind: 3.08 m/s
  • Wind Direction: WSW
  • Pressure: 1026hPa
  • Humidity: 54%

Tue
08/27/2019
light rain

  • light rain
  • HI/LO: 19/8
  • Clouds: 91%
  • Wind: 5.55 m/s
  • Wind Direction: NNW
  • Pressure: 1017hPa
  • Humidity: 66%

Wed
08/28/2019
sky is clear

  • sky is clear
  • HI/LO: 12/5
  • Clouds: 0%
  • Wind: 5.69 m/s
  • Wind Direction:
  • Pressure: 1024hPa
  • Humidity: 53%

Thu
08/29/2019
sky is clear

  • sky is clear
  • HI/LO: 14/5
  • Clouds: 0%
  • Wind: 5.2 m/s
  • Wind Direction: N
  • Pressure: 1025hPa
  • Humidity: 53%

Fri
08/30/2019
light rain

  • light rain
  • HI/LO: 12/5
  • Clouds: 86%
  • Wind: 3.39 m/s
  • Wind Direction:
  • Pressure: 1023hPa
  • Humidity: 62%

Сторонняя реклама



Статьи
Статьи В
Создание Сайта Кемерово, Создание Дизайна, продвижение Кемерово, Умный дом Кемерово, Спутниковые телефоны Кемерово - Партнёры
Яндекс.Метрика