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| Russia-China trade turnover may reach $200 BILLION by 2024, Putin says | Russia-China trade turnover may reach $200 BILLION by 2024, Putin says |
| (3 months later) | |
| The volume of trade between Russia and China is expected to amount to $200 billion in three years, according to Russian President Vladimir Putin, who says relations between Moscow and Beijing are now at an unprecedented level. | The volume of trade between Russia and China is expected to amount to $200 billion in three years, according to Russian President Vladimir Putin, who says relations between Moscow and Beijing are now at an unprecedented level. |
| “I think we could reach the level of $200 billion, as we agreed, as soon as by 2024,” Putin said, speaking at an annual economic forum in St. Petersburg. | “I think we could reach the level of $200 billion, as we agreed, as soon as by 2024,” Putin said, speaking at an annual economic forum in St. Petersburg. |
| He pointed out that Russia-China trade turnover had totaled $104 billion by the end of 2020, exceeding the targeted $100 billion. | He pointed out that Russia-China trade turnover had totaled $104 billion by the end of 2020, exceeding the targeted $100 billion. |
| Although the economic disruption caused by the coronavirus pandemic didn’t prevent the mutual trade volume from reaching this milestone, the turnover in 2020 was down almost 3% against the previous pre-pandemic year. | Although the economic disruption caused by the coronavirus pandemic didn’t prevent the mutual trade volume from reaching this milestone, the turnover in 2020 was down almost 3% against the previous pre-pandemic year. |
| Nonetheless, trade between the two nations saw a nearly 20% year-on-year surge in the first four months of 2021, reaching $40.207 billion. | Nonetheless, trade between the two nations saw a nearly 20% year-on-year surge in the first four months of 2021, reaching $40.207 billion. |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |
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