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Russia, ASEAN hail growing trade ties

31 Aug 2015

• 31 Aug 11:57

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Russia’s Minister of Economic Development Alexei Ulyukayev met his counterparts from ASEAN member countries in Kuala Lumpur for the Fourth AEM-Russia Consultations. According to figures released after the meeting, Russia-ASEAN trade grew by 13 percent in 2014 to touch $22.5 billion. Russia and the Association of Southeast Asian Nations (ASEAN) hailed growing trade ties after official statistics showed a rise of 13 percent in trade between Russia and the grouping in 2014, despite challenging global economic conditions. Trade between Russia and ASEAN grew to $22.5 billion in 2014 from $19.9 billion, a year earlier. The figures were released after a meeting. Read more...