Trade

Russia anticipates a $200 billion trade surplus with China by 2024, Interfax reports.

(Reuters) Russia’s foreign ministry said on Saturday that it expects commodities flow with China to increase and bilateral trade to reach $200 billion by 2024, according to the Interfax news agency. Moscow is looking east in response to rising western isolation.

According to Interfax, the ministry warned Chinese enterprises to be cautious of the danger secondary sanctions pose but said that Beijing was willing to deepen its collaboration with Moscow.

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