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Putin: Russia and China expected to reach $200 billion trade volume

MOSCOW, March 21 – RIA Novosti. Russian President Vladimir Putin said that trade between Russia and the People’s Republic of China reached a historical record of $185 billion in 2022, and that by 2023, the trade volume between Russia and China is expected to not only reach $200 billion, but exceed it.

“Despite the consequences of the pandemic and the pressure of the sanctions, in 2022, trade reached a historic record level of $185 billion. This year, Russia and China are not expected to reach the $200 billion trade volume that we have agreed upon. Putin, during his long-term meeting with Chinese President Xi Jinping, ” “Our friends are a few years ago, but they will also cross this milestone,” he said.

Russian President Vladimir Putin - RIA Novosti, 1920, 19.03.2023

“Russia and China are a future-looking partnership.” Putin’s article

“Additional opportunities to unlock the potential of our economies are provided by the merger of EurAsEC and at the initiative of the president of the People’s Republic of China -” one belt, one road “, said the head of the Russian Federation.

Late last week, Putin said in a People’s Daily article titled “Russia and China – a future-looking partnership” that there is every reason to believe that the $200 billion trade turnover with China will be exceeded.

Chinese President Xi Jinping arrived in Russia on a working visit on March 20 and was abroad for the first time since being re-elected to a third term. Upon his arrival in Russia on Monday, Xi Jinping said that Beijing and Moscow are reliable partners, and that in a far from calm world, China is ready to resolutely uphold international law together with Russia. At the invitation of the President of the Russian Federation, the visit of the President of China will continue from March 20-22.

Chinese President Xi Jinping, General Secretary of the Communist Party of China

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Source: Ria

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