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Trade between Russia and CIS countries rises by 7% to $73 bln in January-September

The main part of the trade turnover fell on the three main partners of Russia in the CIS: Belarus - $31 bln, Kazakhstan - $20 bln and Uzbekistan - $6 bln

MOSCOW, November 24. /TASS/. The volume of trade between Russia and the CIS countries in January-September 2022 increased by 7% year-on-year and amounted to $73 bln, the press service of the Russian Ministry of Economic Development told TASS.

"In January-September this year, the volume of trade between Russia and the CIS countries increased by 7% compared to the same period in 2021 and amounted to $73 bln. The main part of the trade turnover fell on the three main partners of Russia in the CIS: Belarus - $31 bln (+9%), Kazakhstan - $20 bln (+9%) and Uzbekistan - $6 bln (+36%)," Deputy Minister of Economic Development Dmitry Volvach was quoted by the ministry’s press service.

Volvach recalled that there are around 400 bilateral cooperation agreements between the Russian regions and the regions of the CIS countries.

He called tourism one of the topical areas of cooperation. According to him, tourism has a huge potential for the development of small and medium-sized businesses, creating jobs, developing self-employment of the population, which will ultimately ensure sustainable socio-economic development of the CIS countries.

"In addition to expanding trade and economic connections, the regions of Russia and the CIS countries place a special emphasis on contact in the humanitarian and educational spheres," Volvach said.

The Deputy Minister also proposed that the CIS countries update their concept of interregional and cross-border cooperation, taking into account the current world situation and without forgetting the development of the tourism industry.industry.

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Trade & Cooperation

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