Home » Putin says Russia-China trade volume may reach 200 billion U.S. dollars in 2024 | Russia Beyond | Russian News

Putin says Russia-China trade volume may reach 200 billion U.S. dollars in 2024 | Russia Beyond | Russian News

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Putin said: “One of the key areas is economic cooperation. A few years ago, Chinese President Xi Jinping and I set the goal of achieving a trade volume exceeding 100 billion yuan. Not only did we reach this milestone, even under difficult conditions, In the 2020 epidemic situation, this level has also been maintained. Although the trade volume has declined slightly, it still reached 104 billion U.S. dollars.”

Putin said: “I think in the next few years, as agreed, we hope that by 2024, in general, despite a slight decline, we can go out to 200 billion U.S. dollars (trade volume).” He said This can be proved by the growth rate of the trade volume between the two countries in the first quarter of 2021.

Putin said that Russia and China have many overlapping interests. This is the basis for the development of bilateral relations. Cooperation in various fields between the two sides is very important and attaches great importance to cooperation in high-tech and nuclear energy fields. Putin said: “We continue to cooperate in aircraft manufacturing and pay more and more attention to the development of space cooperation, including cooperation on the moon program.”

Putin said: “I think our cooperation in the field of environmental protection and humanitarian is equally important. We hold various forums in various fields every year. This brings people closer together and has a good effect.”

Putin emphasized that China’s “One Belt One Road” initiative is closely related to the work carried out by the Eurasian Economic Union (EAEU). He said: “I have no doubt that we will continue to act actively. I mean that Russia and China maintain the interest of interaction on the international stage, and this interaction is undoubtedly one of the most important stabilizing factors in international affairs.”

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Source: TASS

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