Russia and China eye to increase the bilateral trade turnover to $200 billion by 2024 amid rising tensions with the West.
A relevant road map was approved following a meeting between Russian President Vladimir Putin and his Chinese counterpart Xi Jinping on Friday ahead of the opening ceremony of the 2022 Beijing Olympics.
Although the two countries set the goal to increase the bilateral trade turnover to $200 billion back on June 5, 2019, a series of economic sanctions imposed by Washington both on Russia and China halted the process.
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