Page 48 - RusRPTOct21

5.2 Balance of payments, current account
5.2.1 Import/export dynamics
Russian President Vladimir Putin expects trade turnover between Russia and Kazakhstan to reach a record level of $20bny the end of this year. "The cooperation between our countries is truly extensive, diversified and mutually beneficial," he said at a plenary session of the Russian-Kazakh transregional cooperation forum on Thursday. This first of all concerns the trade and investment area, the president noted. "In particular,bilateral trade turnover rosey 34% in seven months of this year to $14bn, according to our data. Mutual trade is expected to hit the record level of $20bny the end of the year," he said.
48 RUSSIA Country Report October 2021 www.intellinews.com