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Russian-French trade balance is levelling out

Credit: kremlin.ru

President of Russia Vladimir Putin and President of France Emmanuel Macron had talks in southern France. Prior to them, they made press statements, Russian President’s website reports.

According to Putin, bilateral “trade and economic ties have been growing recently. Trade is growing, although there was a certain adjustment in the first six months of this year. There is a positive element to it: the trade balance is levelling out. The cumulative investment of Russian companies in the French economy exceeds $3 bln; the figure for French investment in the Russian economy is $17 bln. In all, 500 French companies are currently active in the Russian market, and I have the pleasure of meeting with French businesspeople regularly. A regular meeting with them took place in Moscow recently, a few months ago.”

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