Russia is ready to partially substitute goods from USA to China market


The Minister of economic development of the Russian Federation Maxim Oreshkin. Россия готова частично заместить товары из США на рынке Китая Alexei Danichev

MOSCOW, 8 Oct — Russia in the conditions of a trade war between the US and China are willing to compensate for decreasing supply of American goods in the Chinese market, the press service of the Ministry of economic development following the meeting of the head of the Ministry Maxim Oreshkin, Minister of Commerce Zhong Shan.

As notes a press-service of the Ministry, Ministers during talks in Beijing to discuss the prospects of expansion of bilateral trade and investment as well as cooperation in the framework of the world trade organization (WTO). “The Russian side expressed its willingness to compensate for the decreasing supply of American goods in the Chinese market”, — stated in the message.

According to Oreshkin, a unilateral protectionist actions of the United States, inconsistent with the rules of the multilateral trading system, have an impact both on world trade and on trade and economic cooperation between Russia and China.

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