Trade turnover between Russia and China has increased 13 times over the past 20 years

Over the past 20 years, trade between Russia and China has increased 13 times, to $ 104 billion, at the end of 2020. This was stated by Russian Foreign Minister Sergei Lavrov.

“The treaty plays a significant role in accelerating trade and economic interaction. We have something to show the public. Over the past 20 years, mutual trade has increased 13 times, from $ 8 billion to $ 104 billion, at the end of 2020. Today, through the Intergovernmental Commission on Investment Cooperation, work continues on 70 projects totaling more than $ 120 billion, “said Mr. Lavrov in a video message to the participants of the 6th International Conference” Russia and China: Cooperation in a New Era “(quoted by RIA Novosti ).

In May, Russian President Vladimir Putin discussed the development of Russian-Chinese relations in a telephone conversation with Yang Jiechi, head of the office of the Chinese Communist Party Central Committee’s foreign affairs commission, member of the Politburo. Yang Jiechi conveyed to Mr. Putin an oral message from Chinese President Xi Jinping, in which he confirmed the course towards strengthening bilateral ties.

Prior to that, in March, the Ministers of Foreign Affairs of the Russian Federation and the PRC, Sergei Lavrov and Wang Yi, adopted a policy statement on “global governance in modern conditions.” It explains what – from the point of view of Moscow and Beijing – a just world order should be.

Details – in the material “Kommersant” “The vice of the West welded Moscow and Beijing.”