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Printed from: http://petersburgcity.com/news/business/2005/11/02/trade_netherland/ Business news, 02.11.2005 15:54 Russia's trade with the Netherlands to hit $25 bln in 2005 - Putin![]()
Direct investment accounts for more than two-thirds of the figure, he added.
Putin admitted that money had been mainly invested in Russia's fuel and energy sector, but added that Dutch business had become increasingly interested in other sectors as well and maintained cooperation with Russian regions.
He said trade between Russia's Sverdlovsk region, the Urals, and the Netherlands had exceeded $675 million in 2004. The figure for St. Petersburg, Russia's second largest city, was $400 million, the president said, adding that the Sverdlovsk and Kaluga governors were members of the Russian delegation.
News source: rian.ru
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