Taking into account the current growth dynamics, the trade turnover between Russia and the U.S. can significantly increase in Q1, Russian Trade Representative in the U.S Alexander Stadnik said to the journalists on the sidelines of the Conference of Organization of Russian Compatriots in the Russian Cultural and Scientific Center in Washington, D.C, RIA News reports.
“Q1 results evidence that our goods turnover is gaining the good pace of growth. The growth rate is already 30% and more versus the previous period. And it gives the reason to believe that business activities are increasing”, he explained.
“It is difficult to look into the year-end, but, taking into account those trends, the stabilization of prices, in particular, for the goods, which depend on oil and gas, the results will be more significant versus the last year’s results”, he added.
Trade Representative specified that it refers not only to the growth of Russian export, but also to U.S. import.
The import to Russia from far-abroad countries increased by 25.9% in January-May.
“And, as a matter of fact, the participation of U.S. companies in St. Petersburg Economic Forum (Americans made up more than 30% of foreign visitors) gives more reasons to believe so. If I am not mistaken, there were 144 U.S. companies out of 516 companies”, Stadnik reports.
According to him, it points to the fact that U.S. business is interested in Russia.
“And probably yet Russia takes rightful place in their business plans”, he added.
“Everything points to the fact that we gradually rise to the pre-crisis level; today, there are the reasons to believe that the annual results will be much better”, the trade representative summarized.