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Alexei Ulyukayev met with the Minister of Commerce of the PRC

On the margins of the APEC trade ministers' meeting, Russian Minister of Economic Development Alexei Ulyukayev met with his Chinese counterpart, Chinese Minister of Commerce Gao Hucheng, the press service of the Russian department said.

According to Alexey Ulyukaev, numerous factors of instability in the world economy did not become an obstacle for effective cooperation between the two countries, and by the results of eight months of this year there has been a positive trend in the rate of growth of bilateral trade turnover - 3,4%. This is a very good basis for further progress.

The Minister invited Gao Hucheng to take part in the upcoming St. Petersburg International Economic Forum, which will be held on June 18-20, 2015. The Forum is planned to discuss the prospects for the development of the world and regional economy (Asia-Pacific, Europe, Russia and other countries) in the face of geopolitical challenges, as well as the challenges facing the governments of the leading world powers and their unions, and the ability of leaders to solve them.

Speaking at the APEC business summit, Russian President Vladimir Putin also invited entrepreneurs from the Asia-Pacific region to the next St. Petersburg International Economic Forum. “I would like to invite you to the next St. Petersburg International Economic Forum,” he said.

Putin noted that the forum in St. Petersburg will take place on June 18-20. “I hope that we will continue a meaningful dialogue and come up with new joint projects,” he stressed.

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