Russia-China Trade To Reach New Record Levels In 2022, Top $200Bln In Future - Putin

Faizan Hashmi Published September 15, 2022 | 05:11 PM

Russia-China Trade to Reach New Record Levels in 2022, Top $200Bln in Future - Putin

SAMARKAND (UrduPoint News / Sputnik - 15th September, 2022) The trade turnover between Russia and China will reach new record levels, and in the future, it will exceed $200 billion, Russian President Vladimir Putin said on Thursday.

"Multifaceted ties between our countries are actively developing.

Last year, trade increased by 35% and exceeded $140 billion. Over the first seven months of this year, the volume of mutual trade increased by another 25%. I am convinced that by the end of the year, we will reach new record levels, and in the near future, as agreed, we will increase the annual trade turnover to $200 billion or more," Putin said at a meeting with Chinese President Xi Jinping on the SCO sidelines.

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