The volume of trade between Russia and the European Union declined by 21% last year to $219 billion, according to the Russian Deputy Foreign Minister Alexander Grushko.
He said during a round table titled ‘Russia-Europe: realities and prospects’ in the State Duma that Russia’s “Trade turnover with the European Union decreased in 2020, if you count the UK, by 21% compared to 2019.” Grushko added: “Although I recall that at the best times in 2013, this figure amounted to $417 billion, and in terms of weight in the EU’s foreign trade, Russia was in the top league.”
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