Russia, Belarus see rise of bilateral trade

08:26, January 21, 2011      

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Russia-Belarus trade had grown strongly in recent months, Russian Prime Minister Vladimir Putin said during his talks with Belorussian counterpart Mikhail Myasnikovich Thursday.

"Growing trade is the most important factor of Russia-Belarus economic relations. It grew considerably and practically regained the pre-crisis level in January-November 2010," Putin told the new Belorussian prime minister, as quoted by Interfax news agency.

Putin said bilateral trade had reached approximately 25 billion U.S. dollars.

"This means big development potential," he said, adding that delivery of Belorussian commodities to Russia were on the rise, with growth of 47 percent.

Myasnikovich admitted Belarus still had a large deficit in bilateral trade, noting that most Belorussian imports from Russia were energy resources.

Source: Xinhua
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