Asia’s share of Russia’s foreign trade hits 70% ...News

Moscow has been strengthening economic cooperation with the East mostly due to Western sanctions Russia’s economic cooperation with Asian countries has continued to grow in tandem with a decline in trade with the European Union, the acting head of Russia’s Federal Customs Service (FCS) Ruslan Davydov has said. Addressing the plenary session of the International Customs Forum in Moscow on Tuesday, Davydov noted that trade with China and India was growing at a fast pace, while turnover with Latin American countries was also on the rise. The FCS has been seeking to streamline customs procedures to speed up the delive

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