The trade between Russia and Switzerland increased by 20 percent year-on-year to $7.5 billion, Russian Foreign Minister Sergey Lavrov said on Wednesday
MOSCOW (Pakistan Point News / Sputnik - 19th June, 2019) The trade between Russia and Switzerland increased by 20 percent year-on-year to $7.5 billion, Russian Foreign Minister Sergey Lavrov said on Wednesday."We have a good political dialogue at all levels, steady growth in bilateral trade. Last year, it reached $7.5 billion, an increase of more than 20 percent [year-on-year], and in the first quarter this year, there was a 18-percent increase," Lavrov said at a joint press conference with his Swiss counterpart, Ignazio Cassis.
Switzerland's cumulative direct investments in Russia amounted to $12 billion, while Russia invested a total of $18 billion in Switzerland, the minister added.
