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France, Russia can boost trade turnover, Franco-Russian Dialogue head says

“Moscow has very good chances and should become a new financial centre,” Trubetskoy said

PARIS, March 29 (Itar-Tass) —— The Franco-Russian Dialogue Association believes that France and Russia can boost bilateral trade turnover that already reached a record high level in 2011.

“Trade turnover between France and Russia has reached 30 billion U.S. dollars,” Association Head Alexander Trubetskoy told Itar-Tass. “There are all grounds to believe that we will exceed that level this year.”

Among major events in 2011 he named the agreement on Mistral helicopter carriers and the start of tourist cluster construction in the North Caucasus.

He believes that new technologies and communications are among key areas of cooperation. “The world cannot exist without communications today,” he added.

“Moscow has very good chances and should become a new financial centre,” Trubetskoy said.

The Franco-Russian Dialogue Association was founded in 2004 by French President Jacques Chirac and Russian President Vladimir Putin. It brings together members of the business elites of the two countries and seeks to create optimal conditions for strategic partnership, industrial, economic and cultural interaction between Paris and Moscow.

Its Russian co-chairman is Russian Railways Company CEO Vladimir Yakunin.

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An active accomplice of bandits was detained in the search operation and gave confessing testimony

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Argentina applies for status of NATO’s global partner

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Italian Foreign Minister Antonio Tajani said Israel will "most likely" respond to the recent Iranian attack

Russia working on AI-operated border security system

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EU plans to invest first profits from Russian assets in military aid to Kiev

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Putin points to high risk of new epidemic outbreaks

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Ukraine convicts 12th world chess champion for recognizing Donetsk, Lugansk republics

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Kiev lacks both troops and equipment near Chasov Yar in DPR, says retired general

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German MFA summons Russian ambassador after detention of espionage suspects — newspaper

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Lavrov states West’s growing concern about BRICS plans to develop own financial tools

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Alexander Orlov noted that recently French President Emmanuel Macron "has made a number of questionable moves that have increased the divide" between both countries

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Chechen leader announces decision to add 3,000 ex-Wagner fighters to Akhmat commandos

Ramzan Kadyrov said the Russian Defense Ministry had already opened the necessary number of vacancies to recruit soldiers

Ukrainian trace obvious in Crocus City Hall attack — Russian Prosecutor General

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Swiss parliament votes against joining task force on frozen Russian assets

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