Russia, China to deepen economic ties to up turnover to $300 bln — minister

BEIJING:  Moscow and Beijing should deepen their trade, economic and investment ties for reaching the trade turnover target of $300 bln by 2...

BEIJING:  Moscow and Beijing should deepen their trade, economic and investment ties for reaching the trade turnover target of $300 bln by 2030, Russian Economic Development Minister Maksim Reshetnikov told reporters in Beijing.

"This year Russia’s trade turnover with China will exceed $200 bln <…> This is a task that was set by our countries’ leaders back in 2019," he said. "A different figure has already been set by now as we are to reach $300 bln by 2030," the minister added.

"This will surely require a serious complication of our trade, economic and investment ties, this is a big challenge," Reshetnikov stressed.

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