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Russian Foreign Ministry reveals volume of trade with Southeast Asia and Latin America

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Photo: RIA Novosti/Pavel Lvov
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Trade with the economies of Southeast Asia and Latin America already accounts for more than 70% of Russia's export-import operations, Deputy Foreign Minister Alexander Pankin said in an interview with Izvestia.

"The share of settlements in national currencies on foreign contracts with them is very high - about 90%. The network of free trade and economic partnership agreements is dynamically expanding. We already have such EAEU agreements with Vietnam and China, negotiations with Indonesia and other countries are underway," Pankin said.

The EAEU is negotiating a free trade agreement with India, Indonesia and the UAE.

Read more in Alexander Pankin's exclusive interview with Izvestia:

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