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Russia-China Trade Grows 56 Percent In January-September - Putin

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  • Russia-China Trade Grows 56 Percent In January-September - Putin

    RUSSIA-CHINA TRADE GROWS 56 PERCENT IN JANUARY-SEPTEMBER - PUTIN

    ARMENPRESS
    NOVEMBER 23, 2010
    ST. PETERSBURG

    Trade between Russia and China grew by 56 percent in January-September
    amounting to 42 billion US dollars, Russian Prime Minister Vladimir
    Putin said at the talks in the extended format with Chinese Prime
    Minister Wen Jiabao on Tuesday.

    "As for trade and economic relations, they have stood the test of
    the crisis," he said. "Over nine months of the current year, trade
    turnover grew by 56 percent and amounted to 42 billion US dollars."

    "The volume of trade in some kinds of goods grew considerably," Putin
    went on to say, adding that there was an 83-percent growth in timber
    and a 40-percent growth in supplies of electric power.

    "Russian-Chinese strategic partnership is a major factor for the
    strengthening of stability and security in the world and in the
    Asia-Pacific Region," Putin added. He said relations between the
    two countries "don't depend on external conjuncture, and develop
    dynamically in all spheres - politics, economy, science, education
    and culture".

    "I am confident that today's talks and joint work will give another
    powerful impetus to the development of interstate relations," he
    summed up. Besides, Putin noted that a ceremony closing the Chinese
    Season in Russia and the Russian Season in China would be held on
    Wednesday. He stressed that these seasons had been successful and
    thanked everybody taking part in them.

    Wen Jiabao, for his part, noted that "considerable progress in
    cooperation between Russia and China" has been reached over the past
    year. According to him, constant summit-level contacts let the two
    countries coordinate their policies.

    "China and Russia support each other in different issues, including
    those that concern sovereignty, and thus they ensure security in the
    region and in the world," the Chinese prime minister noted.

    He urged the two countries to boost efforts in order to ensure
    stability in the border regions.




    From: A. Papazian
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