Goods turnover between Ukraine, Russia may reach USD 40bn by year's end

23.12.2010
23.12.2010 18:15

Goods turnover between Ukraine, Russia may reach USD 40bn by year's end

MIGnews.com

Economic cooperation between Ukraine and Russia is developing rapidly. Goods turnover between the countries is increasing and by the end of the year could reach USD 40 billion. This was stated by the Ambassador of Ukraine to the Russian Federation, Volodymyr Yelchenko, Moscow-based UKRINFORM correspondent reported Thursday.

Yelchenko noted progress in the development of Ukrainian-Russian cooperation in strategic areas - nuclear power, aviation and space industry, shipbuilding. "A dialogue between the two states in the energy area is constructive and forecasting," he added.

The diplomat also said that Ukraine and Russia over the previous year have managed to restore the mechanism of bilateral relations. The ambassador added that during the year 37 full-scale events were conducted at the international level. 17 of them were held with the participation of the presidents of Ukraine and Russia, 12 - involving the prime ministers and 16 - with the foreign ministers.

The two sides also restored the effective operation of the main institutional mechanism for bilateral relations - the Ukrainian-Russian Interstate Commission and its structural bodies, Yelchenko underscored.

Теги материала: Ukraine, Russia
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