The Eurasian Economic Union and Egypt plan to conclude a free trade agreement in the near future, according to Russian Deputy Prime Minister and Minister of Industry and Trade Denis Manturov following talks with Egyptian President Abdel Fattah el-Sisi. "We hope to reach final agreements soon," Manturov said, as quoted by the government press service.
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Acting Head of the FCS of Russia Ruslan Davydov, during a working visit to Tajikistan, signed an intergovernmental agreement on the use of electronic systems for certification of the origin of goods.
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The trade turnover between Russia and the UAE increased by 68% to $9 billion in 2022. This was announced by Deputy Prime Minister and Minister of Industry and Trade of Russia, Denis Manturov, during the sidelines of the international defense exhibition IDEX 2023 in Abu Dhabi. According to Manturov, the volume of exports from Russia to the UAE amounted to $8.5 billion (+71%), while imports were $500 million (+6%).
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A roadmap for increasing and enhancing the trade and economic cooperation between the EAEU countries and China has been signed during a meeting of the joint commission on the implementation of the agreement on trade and economic cooperation. This was reported by the EEC trade bloc, citing the Belarusian Telegraph Agency.
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The export of agricultural products from Russia to Saudi Arabia in 2022 increased by almost 50%, approaching 1 billion dollars, according to the Russian Ambassador in Riyadh. He noted that this was due in part to the growing interest of Saudi partners in the supply of products from the Russian agro-industrial complex.
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The presidential decree signed at the end of December 2022 prohibits the supply of oil and petroleum products from Russia to foreign legal and physical entities if contracts directly or indirectly provide for the use of a mechanism for fixing a maximum price at all stages of delivery up to the final purchaser.
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Uzbekistan plans to start importing Russian gas from March. "We plan to start importing natural gas from Russia to Uzbekistan from March 1, 2023," a representative of the country's ministry said. A working group has been created to study the condition and technical capabilities of the gas transportation infrastructure for gas delivery.
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South Africa is working on increasing its exports of wine and citrus fruits to Russia, said Mzwandile Maketuka, South African Ambassador to Moscow, in an interview with RIA Novosti. "We are competing with the largest wine producers from Europe, who have been present in the Russian market for much longer than us. The niche that we occupy is quite satisfactory for us."
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According to Chinese customs statistics, the trade turnover between Russia and China in 2022 increased by 29.3% compared to the previous year, reaching a record $190.27 billion. China exported goods and services worth $76.12 billion to Russia, with an annual growth rate of 12.8%.
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