MOSCOW TIME: 21.10.2018 11:11:19

Economy

Russia-France trade turnover up 25% in three months of 2018

Russia-France trade turnover up 25% in three months of 2018

The trade turnover between Russia and France soared by 25% in first three months of this year, Russias ambassador to France Aleksei Meshkov said.

"Russia and France are at a fairly favorable stage of bilateral relations’ development today," he said and mentioned the recent visit of Frances President Emmanuel Macron to St. Petersburg and the countrys taking on the role of a special guest at the St. Petersburg International Economic Forum as examples.

"Moscows development dynamics regarding economic relations with France is in line with the general trend," the ambassador said. "The trade turnover (between the countries - TASS) went up by 16.5% last year, and by 25% in first three months of this year," he said, adding that the result is "even higher than the average indicator of economic relations development with EU countries over the past two years."

According to Meshkov, many French companies operate in Russia. "More than 15 bln euro have been directly invested in the Russian economy, and 3 bln euro have been invested by Russia in France," he said.

There are over 500 firms with the participation of French capital operating on the Russian market, the diplomat said. "Over 2,000 companies maintain partnership ties with Russian enterprises," he said, adding that "almost all big French companies" operate in Russia.

The ambassador stressed that both in Russia and in France "the main focus is put on expansion of cooperation between regions as it allows (the countries) to strengthen ties through small and medium-sized enterprises, through civil society".


Source: www.tass.com

:

Russia France trade

Share this:

Share this Share this Share this

NEWS


15.10.2018 Amur Region Exported to China Soybeans Worth $86 million

From January to July, 2018 Amur Region has exported more than 279 thous. of soybeans valued at $86.09 mln and thus almost tripled its export of this product compared to the same&nb...

15.10.2018 Kostroma Region As Jack-Of-All-Trades: Export of Jewelry and Fire Extinguishers

Kostroma Region ranks 2nd among Russian regions exporting fire extinguishers. For the first seven months of 2018 this region has accounted for 24% of all Russias fire extingui...

15.10.2018 Yaroslavl Paints Are Using in 15 Countries

For the first seven months of 2018 Yaroslavl Region has exported paint boxes for the total amount of $1.9 mln to 15 countries and thus increased its export value by 7% compared...

EVENTS


06.06.2019 00:38:00 St. Petersburg International Economic Forum 2019

June 6-8, 2019 Russia (St.Petersburg)

21.11.2018 00:25:00 UZPRODTECHEXPO-2018

November 21-23, 2018 Tashkent (Uzbekistan)

31.10.2018 00:05:00 UZENERGYEXPO-2018

October 31 November 2, 2018 Tashkent (Uzbekistan)

INTERVIEWS


18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education


03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

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

Our partners