Russia-Moldova Trade Turnover May Reach $1 Billion, Says Ambassador
Trade turnover between Russia, Moldova could potentially reach $1 bln — Russian envoy
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Russian Ambassador to Moldova Oleg Ozerov announced that trade turnover between Russia and Moldova could potentially reach $1 billion. He highlighted previous cooperation levels and noted logistical challenges affecting business communication, particularly the lack of direct flights between Moscow and Chisinau.
- 01Trade turnover between Russia and Moldova previously reached $477 million.
- 02Oleg Ozerov emphasized the potential to increase trade to $1 billion, focusing on agricultural and industrial goods.
- 03Logistical challenges, including the absence of direct flights, hinder trade communication.
- 04Moldova's decision to abandon direct flights has increased travel time from Moscow to Chisinau significantly.
- 05The St. Petersburg International Economic Forum, where these statements were made, runs from June 3-6 and focuses on global economic development.
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At the St. Petersburg International Economic Forum, Russian Ambassador to Moldova Oleg Ozerov stated that the trade turnover between Russia and Moldova could potentially reach $1 billion. He referred to a previous high of $477 million, indicating that there is significant room for growth, particularly in the agricultural and industrial sectors, especially when considering the Transnistria region. However, Ozerov pointed out that logistical issues pose a challenge, particularly the lack of direct flights between Moscow and Chisinau, which has complicated business communication. He noted that travel time has increased from a previous duration of one hour and forty minutes to an entire day due to the absence of direct flights, a decision made by Moldova. The forum, themed "Pragmatic Dialogue: the Path to a Stable Future," aims to address the ongoing transformations in the global economy and explore new models for development.
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Increased trade could enhance economic relations and benefit businesses in both Russia and Moldova.
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