Russia and China have agreed on cooperation in field of trade in services

The Ministry of Economic Development (Mayor) of Russia and the Ministry of Commerce of the PRC signed a memorandum to deepen cooperation in the field of trade in services. This was reported in the press service of the mayor.

The document was signed during the Russian-Chinese business forum in Beijing by the heads of ministries of two countries.

The parties agreed to develop the Russian-Chinese interregional trade in services, encourage the participation of enterprises of two countries in various exhibitions and fairs aimed at developing trade in services, as well as stimulate Russian and China enterprises to conduct joint events in the field of educational, medical, financial, transportation , construction, technical, tourist, sports, information and various types of services.

“Trade of services plays an increasingly important role in relations between Russia and China, contributes to the continuous and sustainable development of trade between our states, – emphasized the head of the Ministry of Economic Development of the Russian Federation Maxim Reshetnikov. – Memorandum, on the one hand, became a continuation of previously established agreements on building bilateral trade in services between our countries, and on the other, an important point of implementation of the development plan for the key areas of Russian -Chinese economic cooperation until 2030, which was signed by Russian President Vladimir Putin and Chinese PRC SI Jinping. “