NATO trains Ukrainian servicemen to be dispatched to Donbass — diplomatWorld March 31, 3:36
Russian scientists get evidence allowing to seek review of WADA meldonium penaltySport March 31, 2:27
Russia calls about 100 materials of Jehovah’s Witnesses extremistSociety & Culture March 31, 2:24
SpaceX conducts first re-launch of Falcon 9 rocketScience & Space March 31, 2:23
Russian ambassador urges NATO to abandon military domination policyRussian Politics & Diplomacy March 30, 21:05
Three Russian cities interested in hosting 2023 Basketball World ChampionshipSport March 30, 21:02
White House gives no specific dates for Russian-US summitWorld March 30, 20:23
United Arab Emirates shows interest in Russian helicoptersBusiness & Economy March 30, 20:19
NATO secretary general says ceasefire in Donbass works only on paperWorld March 30, 19:47
BEIJING, December 16. /TASS/. The slowdown of bilateral trade between China and Russia is temporary and in the next few years the two countries will be able to significantly increase trade turnover, which may reach $200 billion by 2020, Deputy Prime Minister Dmitry Rogozin said on Wednesday.
He was speaking at the meeting with China’s Vice Premier Wang Yang.
"Despite the crisis in the global economy, trade and economic cooperation between our countries is developing. China remains the largest trading partner for Russia. Despite a slight decline in Russian-Chinese trade turnover this year, I'm sure that the crisis is only temporary, and eventually we will be able to complete the ambitious goal of increasing turnover by 2020 to $200 billion, which was set by our leaders. For this purpose we are ready to work hard on creation of new areas of bilateral cooperation," he said.
In 2014, trade turnover between Russia and China grew by 6.8% and amounted to $95.28 billion. According to China’s General Administration of Customs, in January-September 2015, the trade turnover decreased by 29% to $50 billion.
"We support each other on major issues of sovereignty, territorial integrity and security. We are going to bring our relations to an even higher level in order to meet the vital interests of the two countries. This year there is no decline in the rate and, which is the most important — productivity of our bilateral relations," Rogozin said.
Rogozin was speaking at a meeting of the intergovernmental commission, which prepares meetings between heads of the governments of Russia and China.
The next meeting of Russian Prime Minister Dmitry Medvedev and Prime Minister Li Keqiang will be held on December 17 in Beijing.