Russian Prime Minister Says Russia-China Trade Turnover Grows More than 30-Fold over 25 Years
5 Articles
5 Articles
Mikhail Mishustin says Russia remains China's top oil supplier, nearly all trade transactions between two countries conducted in national currencies
Russia and China have significantly reduced their reliance on the dollar and other foreign currencies in bilateral trade. Russian Prime Minister Mikhail Mishustin announced that national currencies now account for nearly 100% of trade between the two countries. Having increased their trade volume more than 30-fold in the last 25 years, Moscow and Beijing are also preparing to expand cooperation in the energy and technology sectors.
Russian Prime Minister Mishustin announced that the use of national currencies in bilateral trade with China is approaching 100 percent. The two countries aim to expand cooperation in various sectors, including energy, agriculture, industry, and high technology.
Russian Prime Minister Mishustin stated that the share of national currencies in bilateral trade with China is approaching 100 percent. During a meeting with Li Qiang, Mishustin said that trade has increased more than 30-fold in the last 25 years and that energy shipments will continue.
The Russian Federation and China ' s trade and economic cooperation has shown positive momentum despite external pressures, as reported by Russian Prime Minister Mikhail Mishustin.
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