Russia honored all commitments on S-300 supplies to Tehran — ambassadorWorld October 26, 9:04
Kyrgyz president signs decree on government’s resignationWorld October 26, 8:47
Display of rare impressionist masterpieces from Russian collector wows Parisian art loversSociety & Culture October 26, 8:46
Russia ready to resume humanitarian pauses in AleppoWorld October 26, 7:42
Muscovites commemorate Nord-Ost terrorist attack victimsSociety & Culture October 26, 7:41
Three young men detained in Moscow for throwing flares at US ambassador’s residenceWorld October 25, 22:02
Kremlin gives no comment on alleged US carte blanche to Russia for Aleppo operationRussian Politics & Diplomacy October 25, 21:44
German ARD TV channel to go any length to win case against Russian athlete — lawyerSport October 25, 21:24
Russian, German top diplomats discuss humanitarian situation in Aleppo — ministryRussian Politics & Diplomacy October 25, 20:09
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.