Trade between Russia and Egypt may go up to ten billion US dollars in 2018, chairman of the Russia-Egyptian Business Council under the Russian Chamber of Commerce and Industry, Mikhail Orlov, said.
"Trade is growing dramatically <…> It was about six billion US dollars last year and is likely to be even more this year: I think we can make up to ten billion US dollars," he told TASS on the sidelines of the KazanSummit international economic event.
According to Orlov, bilateral trade has a potential of 25 billion US dollars. However to achieve such indices Moscow and Cairo need to simplify procedures of mutual financing of projects, harmonize phytosanitary standards and remove administrative barriers in the pharmaceuticals sector.
In 2018 Russia-Norway trade turnover amounted to $1.62 bn, it is a 2.5-fold increase compared to 2017.
In 2018 Russia-Chile trade turnover amounted to $1.18 bn, it is a 31% increase compared to 2017.
According to the Federal Custom Service of Russia, in 2018 Russia reduced fresh anchovy import both in terms of value and in terms of volume.
About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya