BEIJING (Pakistan Point News / Sputnik - 07th November, 2018) Russian Prime Minister Dmitry Medvedev expressed confidence on Wednesday that trade between Russia and China would reach $100 billion this year, and could double in the future.
"The results are good, indeed, our trade is growing and, in all likelihood, we will hit the $100 billion level for the first time in the history of Russian-Chinese relations," Medvedev said at a meeting with Premier of the Chinese State Council Li Keqiang.
He added that this figure was not the final one.
"This is clearly not the result that we should today focus on as a final one. We are able to significantly increase trade, and such a goal has been set. We can talk about numbers that at least lead to doubling trade," Medvedev said.
Li, in turn, drew attention to the high level of cooperation between the two countries and the great potential for its buildup. Medvedev noted that during the meeting co-chairs of intergovernmental commissions would report in details about what had been done within this year.
Relations between Beijing and Moscow have been steadily developing. In late October, Chinese Commerce Ministry Spokesman Gao Feng said that in the first three quarters of this year, Russia-China trade reached $77.15 billion, up 25.7 percent compared to the same period last year.
