ST. PETERSBURG: China, India, Turkey and Azerbaijan have replaced the European Union in Russia’s foreign trade, while trade with China could reach US$200 billion this year, acting head of Russia’s Federal Customs Service Ruslan Davydov said in an interview with Sputnik on the sidelines of the St. Petersburg International Economic Forum (SPIEF).
“China’s growth is very serious. I think the task set by our countries’ leaders in terms of trade at US$200 billion, if there are no cataclysms, is achievable this year,” Davydov said.
He said trade with India, Turkey and Azerbaijan is also growing.
“These countries have already replaced our trade with Europe: the southern and eastern directions are developing very actively,” Davydov said. – BERNAMA-SPUTNIK
