Page 124 - RusRPTAug24

example, according to preliminary figures, 6M trade turnover remained roughly at last year’s level, down only by 1%, of around $28bn," he said.
Russian President Vladimir Putin has noted an increase in trade turnover with Iran. "Last year, the level of our trade turnover was slightly adjusted, but this year it has grown by 14% compared to the same period last year," the Russian leader said at a meeting with Iranian Acting President Mohammad Mokhber. According to Putin, "the free trade agreement between the Eurasian Economic Union and Iran will contribute to further strengthening economic ties." "The member states of the organization are considering Iran's application for the status of an observer state in the EEU. We, for our part, will support it," Putin recalled.
Trade turnover between Russia and Kazakhstan is on the rise, having reached almost $30bn already, Russian President Vladimir Putin said. "We are always in contact. Trade turnover is on the rise. It has reached almost $30bn," he said at a meeting with his Kazakh counterpart Kassym-Jomart Tokayev. In turn, Tokayev said that bilateral cooperation between Russia and Kazakhstan is expanding, adding that he personally controls implementation of agreements reached during the Russian president’s visit to the public last November. "Those projects that were approved during your visit, are very important. In fact, they embody the strategic nature of cooperation between our countries," he said. "I have no doubt that they will be implemented," Tokayev stressed.
President Vladimir Putin noted the good relations between Russia and Qatar and the positive trends in increasing trade turnover. "The relations between Russia and Qatar are built on a very good, friendly basis," the head of state said at a meeting with the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, in Astana. Putin noted that so far the two countries have "small trade turnover in absolute terms." "But it has good growth prospects, and the trends are good," the Russian leader said.
Exports of German products to Russia decreased in May by 19.3% compared to April, taking into account calendar and seasonal fluctuations, to 600mn euro, according to the German Federal Statistical Office. Compared to May last year, exports decreased by 22.1%. At the same time, imports of Russian goods to Germany in May decreased by 8% compared to April to 200mn euro and by 35.7% - compared to May 2023. The total volume of German exports reached 131.6bn euro in May, falling by 3.6% compared to April. Meanwhile, imports also decreased - by 6.6%, to 106.7bn euro.
Trade turnover between Russia and Kyrgyzstan has increased by 5.8% in 2024, Russian Deputy Prime Minister Alexey Overchuk said speaking at the 11th Russian-Kyrgyz interregional conference. "There has been positive dynamics of mutual trade in the current year 2024 as well. According to our data, our trade turnover, increased by 5.8%," he said. As Overchuk noted, within the framework of the Eurasian Economic Union (EEU), Russia is one of Kyrgyzstan’s leading partners. "We account for 18.7% of the republic’s foreign trade turnover at the end of 2023," he added. The Russian Deputy Prime Minister also pointed to the intensive development of investment cooperation between the countries.
124 RUSSIA Country Report August 2024 www.intellinews.com