Russian opposition figure Navalny arrested for 15 days for resisting policeRussian Politics & Diplomacy March 27, 15:32
Duma Speaker points out Russian banks in Ukraine raided with EU’s ‘tacit consent’Business & Economy March 27, 15:21
Opposition figure Navalny fined $350 for unauthorized rally in downtown MoscowRussian Politics & Diplomacy March 27, 14:36
Russian National Guard’s daily grindMilitary & Defense March 27, 14:33
Lavrov calls attempts to block Donbass ‘unacceptable’Russian Politics & Diplomacy March 27, 14:25
Government reveals how much money Gazprom and Rosneft pour into offshore explorationBusiness & Economy March 27, 14:22
Defense Ministry denies reports of downed Russian military helicopter in SyriaRussian Politics & Diplomacy March 27, 14:03
Russian top diplomat believes US-led coalition should take steps to liberate MosulRussian Politics & Diplomacy March 27, 13:46
Kremlin airs its views on 'mass protests' in RussiaRussian Politics & Diplomacy March 27, 13:41
MOSCOW, May 12. /TASS/. The Russian Export Center (REC) forecasts the share of Russian export to ASEAN nations will grow from 1.5% to 10% by 2020, Chief Executive Officer of REC Pyotr Fradkov said on Thursday in an interview with TASS.
"Now we have 1.5% on the market but I believe 10% will be a decent share. It’s fairly achievable by 2020," Fradkov said.
"Certainly, we are heavily behind many our partners: China has 18% of supplies to the ASEAN region, the Republic of Korea has 6.5%, and the United States - 7%," he added.
Availability of competitive products and good ratio of price and quality will help Russia to reach such a level, Fradkov said. "Russian companies finally started viewing international markets because domestic markets do not make possible to develop at the pace they would like. A desire to export appears with companies," he added.
"Russia and the ASEAN nations have very good political level of interaction but it lags far behind in economic terms," Fradkov said.