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Russia, China capable of boosting bilateral trade to $200bln, but beyond 2020 - minister

"We believe that the target is within a hand’s reach," Ulyukayev said

BEIJING, January 16. /TASS/. Russia and China may achieve the target of boosting bilateral trade to $200 but in a longer period of time due to low oil prices, Russian Economic Development Minister Alexey Ulyukayev told reporters on Saturday in Beijing.

"We believe that the target is within a hand’s reach," Ulyukayev said. "Perhaps, it will require more time as there are just four years left until 2020."

"Certainly, it will be a challenge to increase (trade) to $200 billion. Deadlines might be extended for a while but on the whole the target remains on the agenda," he said.