Economic Development Minister Alexei Ulyukayev on Friday proposed increasing trade with Myanmar to $500 million a year by 2017 after he signed an agreement with his Myanmar counterpart to set up a bilateral trade and economic commission, RIA Novosti reported.
At a time of deteriorating relations between Russia and the West over the Ukraine crisis, the Kremlin has been looking to build economic and diplomatic relationships with developing Asian nations.
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Russia to Boost Trade With Myanmar to $500 Million a Year - Myanmar News Now
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