Page 45 - RusRPTAug19

Russia’s non-CIS imports fell 6.5% on the year to $17.004bn in June, the Federal Customs Service said citing preliminary data. In January–June, imports fell 2.9% on the year to $99.754bn. In 2018, imports grew 4.6% to $211.965bn.
The trade turnover of Russia and Turkey should reach $100bn in coming years, while it totalled $25.5bn in 2018, Russian Energy Minister Alexander Novak said on Friday at the intergovernmental commission meeting. "The leaders of our countries set an ambitious task - to boost trade turnover to $100bn," Novak said. The upside for mutual investments is in such spheres as space, pharmaceuticals and digital technologies, further to traditional industries as agriculture, construction, metals and energy. Russia and Turkey also seek to increase the share of national currencies in mutual trade from current 34%. Russia has already launched acceptance of Mir banking cards in Turkey.
45 RUSSIA Country Report August 2019 www.intellinews.com