The majority of cross-border transactions are already carried out in national currencies Trade between Russia and China has already reached record levels and should be supported by the further development of economic ties, Russian Finance Minister Anton Siluanov said on Wednesday. Speaking to TASS at a business forum in Shanghai, Siluanov stated that bilateral trade is growing at an unprecedented pace and is on course to surpass a $200 billion target this year. “If recently the figure of $200 billion seemed far off, this year we are likely to exceed it,” the official said. Economic ties have been bolstered by
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