Trade between Russia, China to reach $70 bn: Putin
September 15th, 2011 - 1:35 am ICT by IANSMoscow, Sep 15 (IANS/RIA Novosti) Trade between Russia and China is recovering after the global economic crisis and it may reach $70 billion this year, Russian Prime Minister Vladimir Putin said at a meeting with China’s top legislator Wednesday.
“The growth is significant. If the trend continues, our trade may reach some $70 billion this year, $100 billion in 2015 and $200 billion by 2020,” Putin said during a meeting with Chairman of the Standing Committee of China’s National People’s Congress (NPC) Wu Bangguo.
Bangguo said Russia’s role in global politics and economy was growing.
During the meeting, Bangguo invited Putin to visit China, and the Russian premier accepted the invitation, saying he would visit the country in October.
–IANS/RIA Novosti
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Tags: bn, china, congress, economy, global economic crisis, global politics, invitation, legislator, moscow, npc, ria novosti, russia, russian prime minister, standing committee, vladimir putin, wu bangguo