Kirill Babaev, director of the National Coordination Center for International Trade Cooperation, said that trade turnover between Russia and China is increasing not only due to energy resources, but also due to an increase in the supply of grain, meat, seafood and many other goods. Dr. from the Institute of China and Modern Asia of the Russian Academy of Sciences. Quoted RIA News.
“Exports of agricultural products from Russia to China are increasing very rapidly. Thus, grain imports almost quadrupled during the year,” Babaev gave an example.
The expert is sure that other sectors of the economy also have great potential. According to him, Beijing understands that supplies from the Russian Federation can ensure energy and food security.
Russia in 2023 became a leader According to the growth rate of trade turnover between China’s main partners. As a result, Moscow ranked fourth among Beijing’s counterparts in foreign trade.
Previous experts appreciated The possibility of cooperation between China and Russia against the backdrop of new sanctions.