Source Pravda.Ru

Forecast on foreign trade turnover posted

According to the Russian Economy Ministry's report devoted to Russia'ssocial and economic development, Russia's foreign trade turnover will growby 4.2 percent to $161.9bn in 2002. The volume of trade with the CIScountries is expected to increase by 7.1 percent to $30.2bn in 2002. Thetrade turnover with other foreign countries is to gain 3.5 percent to$131.7bn.The volume of Russian exports is to advance by 2.3 percent to $103.9bn,including exports totaling $16.8bn to the CIS countries, which is an 11.3percent growth, and $87.1bn to other foreign countries, which is a 0.7percent gain. According to the Ministry's estimations, imports will add 7.8percent to $58bn, including $13.4bn from the CIS countries (+2.3 percent)and $44.6bn (+9.6 percent) from other foreign states.Russia's trade surplus is expected to amount to $45.9bn, including $3.4bnwith the CIS countries and $42.5bn with other foreign countries. .

When on a state visit to Singapore, Russian President Vladimir Putin promised to revisit the discussion of the 1956 Declaration between the USSR and Japan regarding the issue of the peace treaty with Japan

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