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Russia, China may reach $200 billion in trade earlier than 2020

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Russia, China to boost trade, overhaul economic ties - Putin

HARBIN (China), June 30. /ITAR-TASS/. Russia and China may reach $200 billion in trade earlier than 2020, visiting Deputy Prime Minister Dmitry Rogozin said at a meeting of the deputy prime ministers from Russia and China with governors and business circles of the two countries which was held at the first Russian-Chinese EXPO that opened in the Chinese city of Harbin on Monday.

“We have a task set by the leaders of Russia and China to reach $200 billion in the volume of our trade and economic relations by 2020,” he said, noting that “I believe that if we go ahead at such a fast pace and will develop major, at first infrastructure projects which will permit to unite energy of Russia and China, this figure may seem attainable for us even earlier.”

Rogozin said with hope that EXPO would be expanded. In his words, Russian government and Chinese State Council would give “all-round and personal support to Russian and Chinese organizers of large-scale investment projects".

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