Explosion in Russia's Dagestan kills twoWorld August 17, 17:04
Russian diplomat expects report from US on its diplomatic staff cut in RussiaRussian Politics & Diplomacy August 17, 17:03
Forbes top ten highest-paid actresses of 2017Society & Culture August 17, 16:51
Russian diplomat warns against use of force on Korean PeninsulaRussian Politics & Diplomacy August 17, 16:41
Iran to beef up missile potential — defense ministryWorld August 17, 16:36
Russia, Turkey, Iran working on de-escalation zone in Syria’s IdlibRussian Politics & Diplomacy August 17, 16:27
Russian, Egyptian top diplomats to discuss anti-terrorism efforts on August 21Russian Politics & Diplomacy August 17, 16:24
Putin to pay working visit to Sevastopol on August 18Russian Politics & Diplomacy August 17, 16:22
Russian diplomat stresses threats to use military force in Venezuela unacceptableRussian Politics & Diplomacy August 17, 16:19
SAVONLINNA, July 27. /TASS/. Russia and Finland will support emerging growth in the bilateral trade, President Vladimir Putin said on Thursday after talks with his Finland’s counterpart Sauli Niinist·.
"We noted growth in the bilateral trade. The trade turnover surged by almost 51% in January - May. Our common task is to support and endeavor to do everything in an attempt to keep these rates. The intergovernmental commission and the business council are working on that. Mutual interest of business circles of our countries in cooperation is steadily high," Putin said.
Mutual investments of both countries continue growing, the Russian president said. Direct Russian investments into the economy of Finland is about $3 bln and Finnish investments into Russia amount to approximately $4 bln.
The countries enjoy large-scale cooperation in the energy sphere, particularly in construction of the Hanhikivi-1 Nuclear Power Plant, Putin said. "Preparatory work is in full swing on the site, equipment is imported and the first tranche of our credit resources amounting to about 1 bln euro was remitted. Total investments into the project are 5 bln euro, including a half to be financed from reserves of the Russian government," the Russian leader said.
Putin also highlighted other projects of Russian companies, such as Biocad planning to start producing its pharmaceuticals in Finland, Yandex with a datacenter to be launched there, and others.
The parties noted efficient interaction between environmental protection agencies of two countries in the course of talks, Putin said. "We are set to continue expanding bilateral cooperation in the environment protection sphere," he added.