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“In terms of balance, raw material exports account for about 70%, and we should certainly increase supplies of machinery and equipment over the next few years. This can be done in principle by 6%,” Kalamanov told an international industrial trade fair in the city of Yekaterinburg in the Urals on Thursday.
Russia would reorient its exports away from Europe and the United States towards countries of Asia, Latin America and Africa, measures designed to increase machinery and equipment exports by 6% every year, he said.
“We are constantly working on it, searching for new measures of support and new markets, and promoting our products,” he said.