Alikhanov allowed the trade turnover of the Russian Federation and Saudi Arabia to exceed the mark of $ 4 billion

The trade turnover between Russia and Saudi Arabia is expected to exceed $4 billion by the end of 2025. This was announced on February 9 by the head of the Ministry of Industry and Trade Anton Alikhanov at the Innoprom exhibition. Saudi Arabia" in Riyadh.

He noted that according to accurate data for 11 months of last year, the trade turnover amounted to $3.6 billion.

"We hope that by the end of the year we will have a figure of more than $4 billion in turnover," concluded Alikhanov.

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On December 1, 2025, Russian Deputy Prime Minister Alexander Novak stated that Russia was interested in cooperation with Saudi Arabia in the field of fuel and energy complex (fuel and energy complex) technologies, as well as in the development of "difficult" oil, partnership in the field of mineral exploration, hydro and thermal energy. He also called the participation of Russian companies in projects for the construction and modernization of thermal power plants in Saudi Arabia a promising area.

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