Currency converter
^
All news
News Search Topics
ОК
Use filter
You can filter your feed,
by choosing only interesting
sections.
Loading

Moscow to benefit from evolving US-China trade war — Russian diplomat

May 04, 3:47 UTC+3 MOSCOW

"The tendency for the mutual trade growth in this sphere shaped up before the aggravation of the Chinese-American contradictions," Morgulov said

Share
1 pages in this article
Russian Deputy Foreign Minister Igor Morgulov

Russian Deputy Foreign Minister Igor Morgulov

© Vladimir Gerdo/TASS

MOSCOW, May 4. /TASS/. A trade war between the United States and China opens the way for reaching higher levels of economic cooperation between Moscow and Beijing, first of all, in the agricultural sector. Russian Deputy Foreign Minister Igor Morgulov said.

"On the whole, we are opposing any sort of a trade war and are against swinging a ‘bat of sanctions,’ however, we will be not missing the opportunities, which are opening ahead of us," Morgulov said in an interview with Russian daily Izvestia.

The Russian diplomat outlined the possible perspectives of the Russian agricultural products export to the Chinese market.

"The tendency for the mutual trade growth in this sphere shaped up before the aggravation of the Chinese-American contradictions," Morgulov said. "We see now that conditions develop for the benefit of cooperation in this sphere at a much higher level."

The United States announced on April 3 its intention to introduce a 25-percent duty on a range of 1,300 products imported from China worth the total sum of about $50 billion. Beijing responded to Washington’s move by introducing 25-percent duties on imported US cars as well as soybeans and other agricultural products.

Show more
Share
In other media
ADVERTISEMENT
Partner News
ADVERTISEMENT