China, Russia Ink 27 Contracts Worth $15b-Shanghai Metals Market

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China, Russia Ink 27 Contracts Worth $15b

Data Analysis 09:00:55AM May 02, 2012 Source:SMM

MOSCOW - China and Russia have signed 27 trade contracts worth $15 billion, Chinese Vice-Premier Li Keqiang said on Saturday.

Li attended the signing ceremony of the contracts before a meeting on China-Russia trade and investment.

Addressing the meeting, Li proposed that both China and Russia endeavor together to further promote their trade and economic cooperation.

The two countries could expand their cooperation in various fields, including finance, direct investment, energy, mechanical and electronic products, he said.

Russian First Deputy Prime Minister Igor Shuvalov also attended the meeting.

China is the top trade partner of Russia. Bilateral trade volume reached 79.25 billion U.S. dollars in 2011, up 42.7 percent year-on-year.


 

Key Words:  China   Russia   trade   investment 

China, Russia Ink 27 Contracts Worth $15b

Data Analysis 09:00:55AM May 02, 2012 Source:SMM

MOSCOW - China and Russia have signed 27 trade contracts worth $15 billion, Chinese Vice-Premier Li Keqiang said on Saturday.

Li attended the signing ceremony of the contracts before a meeting on China-Russia trade and investment.

Addressing the meeting, Li proposed that both China and Russia endeavor together to further promote their trade and economic cooperation.

The two countries could expand their cooperation in various fields, including finance, direct investment, energy, mechanical and electronic products, he said.

Russian First Deputy Prime Minister Igor Shuvalov also attended the meeting.

China is the top trade partner of Russia. Bilateral trade volume reached 79.25 billion U.S. dollars in 2011, up 42.7 percent year-on-year.


 

Key Words:  China   Russia   trade   investment