Russia and China have signed an agreement on establishing a management company of a five bln yuan ($781 mln) investment fund at the Russian-Chinese Forum on Inter-Regional Cooperation in Chinaís Harbin.
The project is being implemented with the support of the Russian-Chinese Inter-Regional Council and its Russian Co-chair Dmitry Mironov, the Yaroslavl region governor.
Executive Secretary of the Russian-Chinese Friendship Committee’s Inter-Regional Council Artyom Semyonov told TASS that the Russian-Chinese yuan fund was aimed at investing in Russiaís regional projects. According to him, at the next stage, the fund itself will be established. "We expect it to happen in the next three months. A package of documents concerning projects that will be the first to receive financing is currently under consideration," Semyonov said.
The ministries of agriculture of Iran, Russia and Kazakhstan have concluded a trilateral memorandum of understanding on the issue of wheat trade.
Trade turnover between Russia and Germany increased 8.4% and reached nearly ą62 billion ($70 billion) in 2018 compared to previous year.
In 2018 Russiaís meat export amounted to 288.5 thous. t, it is a 21% increase compared to 2017.
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