Search: Look for:   Last 1 Month   Last 6 Months   All time
Home :: World

Russia's trade surplus up 26 percent

France,Business/Economy, Tue, 24 Apr 2012 IANS

Moscow, April 24 (IANS) Russia's trade surplus grew by 26 percent in March year-on-year, Russian Deputy Economic Development Minister Andrei Klepach said Monday.


"The trade surplus in March reached $21 billion. In March last year it was smaller, at some $16.7 billion," Klepach told reporters here.


Russia exported goods and services worth nearly $50 billion in March 2012, while imports of the month stood at about $28 billion, Xinhua reported.


In March 2011, Russia's exports amounted to $43.6 billion and imports $26.9 billion.


Klepach pointed out that Russia's exports have slowed down in pace, but continue to grow in the absolute numbers. In March, exports grew by 13.5 percent compared to February.


"This is a minimal year-on-year growth," Klepach stressed.


Also on Monday, Russian Prime Minister and President-elect Vladimir Putin, ordered the ministry to create a comprehensive support system for Russian exports to global markets.


Such a system, Putin said, should combine Russia's financial, diplomatic, informational and legal capabilities.


Manohar Lal being presented with a memento
Manoj Tiwari BJP Relief meets the family members of late Ankit Sharma
Haryana CM Manohar Lal congratulate former Deputy PM Lal Krishna Advani on his 92nd birthday
King of Bhutan, the Bhutan Queen and Crown Prince meeting the PM Modi
PM Narendra Modi welcomes the King of Bhutan
Post comments:
Your Name (*) :
Your Email :
Your Phone :
Your Comment (*):
  Reload Image




Excellent Hair Fall Treatment
Careers | Privacy Policy | Feedback | About Us | Contact Us | | Latest News
Copyright © 2015 NEWS TRACK India All rights reserved.