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  • 22-08-19

    Saudi-Russian trade jumps 72 percent

    (MENAFN) Saudi Arabia and Russia achieved a 72 percent jump in the volume of their bilateral trade from January to March 2019, marking a strategic partnership between the two countries.

    Bilateral trade between Saudi Arabia and Russia stood at USD505.2 million during the first quarter from figures seen in 2018 during the same period.

    Mutual interests were expressed in a statement to "boost cooperation in such fields as industry, peaceful use of atomic energy, innovation, the space sector, and agriculture."

    Officials also highlighted the significance of deeper relations among both countries, which expressed their endorsement to a shared technical collaboration in fuel and energy.

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