Date: a week ago   Category: Markets

Commodity turnover with China will exceed hundred billion dollars


Commodity turnover between Russia and China following the results of 2018 will reach 110 billion dollars, the Minister of Economic Development Maxim Oreshkin in an interview to Izvestia has reported. "The object set this year in 100 billion dollars precisely will be exceeded" — Oreshkin has told. To reach commodity turnover volume in 200 billion dollars, according to him, it is necessary to develop a number of the directions. In particular, the minister has paid attention to rather small volumes in trade in services — about 4 billion dollars. "Here the potential for development of relationship very big" — was noticed by Oreshkin. Also the Minister of Economic Development has expressed creations of uniform space of electronic trading which development is important for small and medium business of two countries the need. So far, as he has reported, the stream of the Chinese goods to Russia on channels of electronic trading has exceeded 3 billion dollars. "In general we need to work on creation of uniform space of electronic trading that the Chinese producers had access to the Russian market, and Russian — to China" — Oreshkin has told. Earlier the prime minister Dmitry Medvedev has told that Russia and China have to double commodity turnover in the near future. He has specified that interaction is important in the context of "unfriendly actions" which both countries on the world scene face. It is more than important news in Film of Day Telegram-channel. Subscribe!

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