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China-Russia trade to grow to $200bn – PM Medvedev

Monday, November 7, 2016 15:23
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Economic cooperation between Russia and China is meeting expectations with more than $40 billion in trade this year, said Russian Prime Minister Dmitry Medvedev during a meeting with Chinese Premier Li Keqiang in St. Petersburg.

Moscow and Beijing will make additional efforts to increase trade to $200 billion in next 3-7 years, according to the Russian PM.

Medvedev says a preferential trade regime between the countries is being considered, which would increase the use of national currencies in settlements.

Li Keqiang is paying an official visit to Russia to discuss trade and investment ties, as well as cooperation in oil, gas and nuclear power ….


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