Breaking News
China Wins WTO’s Permission to Impose $3.6bn in Sanctions Against US
...
Iran To Build Railway in Chabahar Through Own Resources After Delays From India
...
US Federal ReserveTo Cut Interest Rates By a Quarter Point
...
Germany’s Economy Shrinks in April-June Period of 2019
...
Goldman Sachs CEO David Solomon Dismisses Fears of Economic Recession
...
Stock Markets Drop On New Trump China Tariffs
...
China Becomes Russia’s Biggest Trade Partner
China became the biggest business partner of Russia with 24.5 percent increase in business transactions.
Trade turnover between the two
neighbors reached USD 108.3 billion in 2018
Before China, European countries like Germany, Netherlands, Belarus and Italy
were the biggest business partners of Russia.
According to the Russian Ministry of Economic Development, Russia’s total trade turnover has reached to $688 billion, indicating a 17.5 percent increase, as of the end of 2018.
Russia’s top five key trading partners of 2018 are:
- China (Trade turnover $108.3bn)
- Germany (Trade turnover $30bn)
- Netherlands ($47.2bn)
- Belarus ($34bn)
- Italy ($27bn)
Related Articles
New power source for Khanabad District of Kunduz
An Indian company implemented a project involving the installation of over 2,000 power pylons and 11 transformers in the Khanabad
Afghanistan’s economy to grow at 3.1% in 2013 amidst security uncertainty
In a recent report by the World Bank (WB), Afghanistan’s economic growth in 2013 is projected at 3.1%, down from
Fire in Kabul market inflicts millions of dollars of losses on traders
Fire erupted in the footwear section of Kabul’ Mandawi market on Saturday morning and left 370 shops in ashes. According
