OPEC has no objections to speed of Russia's oil production cutsBusiness & Economy March 25, 12:38
Opposition leader Vladimir Neklyayev detained in Belarus - news agency directorWorld March 25, 5:33
Russia submits amicus curiae brief to US Supreme CourtRussian Politics & Diplomacy March 25, 3:34
Russia, China suggest for UN SC to adopt resolution on chemical terrorism threatRussian Politics & Diplomacy March 25, 3:23
Russian lawmaker compares European Union to Soviet UnionRussian Politics & Diplomacy March 25, 3:16
Russian emergencies ministry says fire at Kazan’s gunpowder factory fully extinguishedWorld March 25, 3:01
Relations btw US, Russia worst over half-century - Lukin quoting KissingerRussian Politics & Diplomacy March 25, 2:58
Russia suggests setting up international coalition for demining operations in SyriaRussian Politics & Diplomacy March 25, 1:08
One person dies in fire at gunpowder factory in Russia's KazanWorld March 24, 21:47
NIZHNIY NOVGOROD, March 30. /TASS/. Foreign trade turnover between Russia and Republika Srpska (Bosnia and Herzegovina) grew 40% in two years to 350 mln euro, Industry Minister of the Republika Srpska Petar Djokic told TASS on Wednesday at an international business forum in Nizhniy Novgorod.
"Foreign trade turnover between our countries amounted to 350 mln euro in 2015 and hence surged 40% in two years," Djokic said.
Energy is currently the main sphere of cooperation between two countries, the minister said. Russia’s Zarubezhneft and Gazprom are currently implementing major investment projects in the republic: the former is building Uglevik-3 CHP and the other one is involved in oil and gas exploration.
"We are interested in equipment supplies from Russia for hydropower plants. We already have a track record of successful cooperation in this field. The energy sphere is a priority for the republic: we already invested 1.5 bln euro into its development and intend to invest 6 bln euro more by 2030," Djokic said.
The Republika Srpska (Bosnia and Herzegovina) is ready to provide Russia with an opportunity of taking part in privatization of its companies, Petar Djokic went on to say.
"We are ready to offer an opportunity to take part in privatization of certain companies that need it," Djokic said.
The government of the republic is ready for any kind of cooperation in the industry sphere, the minister said. "Depending on the interest, we may direct our businessmen to various cooperation spheres," he added.
"We may be a good bridge, through which Russia can cooperate with other countries of our region and the European Union," Djokic said.