Russian-Finnish trade growing

The trade volume between Russia and Finland in 2002 will advance by 10 percent to $6.1bn. This forecast was made by Deputy Economy Minister Roald Piskoppel at a meeting of the Russian-Finnish intergovernmental commission on economic cooperation. In 2001 the trade volume was $5.6bn and in the first nine months of this year it amounted to about $4.5bn.

According to Finnish Transport and Communications Minister Kimmo Sasi, outlooks for Finnish investments in Russia were favorable. In 2001 Finland invested EUR450m in Russia. The minister stressed that the main issue at today's meeting was customs cooperation between the two countries.