Trade turnover between the Russian Far East and Northeast China will reach 27 billion dollars in 2023. This was stated by Yuri Trutnev, Deputy Prime Minister and Plenipotentiary Representative of the President of the Russian Federation to the Far Eastern Federal District (FEFD) at a meeting in the Far Eastern Federal District (FEFD) of the Russian Federation. Inter-ministerial commission held in Beijing. Quoted TASS.
“In 2022 [товарооборот] “It amounted to 22 billion dollars. We expect it to reach 27 billion dollars in 2023,” Trutnev said.
According to the Deputy Prime Minister, the volume of trade between the regions is growing steadily: it has doubled in 10 years.
He noted that China is Russia’s most important economic partner in the Far East. The Deputy Prime Minister said the creation of an international priority development zone is one of the ways to further expand cooperation between states.
Previously Russian President Vladimir Putin statedIt is predicted that the trade turnover between Russia and China will increase by 30 percent by the end of 2023, reaching 220-230 billion dollars.
Previously reportedIt is stated that more than half of the major Russian companies make transfers in yuan.