Putin says prospects good for Sweden-Russia relations

10:19, April 28, 2011      

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Russian Prime Minister Vladimir Putin (L) speaks during a joint press conference with Swedish Prime Minister Fredrik Reinfeldt in Stockholm April 27, 2011. Putin arrived in Stockholm on Tuesday for an official visit. (Xinhua/Wu Ping)

Russian Prime Minister Vladimir Putin on Wednesday expressed optimism for the future of Russia-Sweden cooperation in areas such as trade and the environment.

During talks with Swedish Prime Minister Fredrik Reinfeldt, Putin said he appreciated Sweden's increasing investment in Russia despite the international financial crisis.

"There will be good prospects open in Russia for Swedish companies," Putin said.

Bilateral trade over the past decade has increased six times, and more than 400 Swedish companies are now in Russia.

Sweden and Russia agreed during Putin's visit to establish a business council to provide advice for the development of bilateral economic ties.

"There will be more cooperation in high technology, combination of technology and production, and in forestry industry, such as wood chemicals," Putin said.

Source: Xinhua
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