0
News Politics

Russian trade suspends missions with the US and promotes Mexican

The Russian Ministry of Industry and Commerce suspends missions with the United States and promotes Mexican and Saudi Arabia. "We are not finishing it because we have state and interstate agreements, but we are pausing our work just to avoid the simulation of activities there," said Dependency Minister Denis Manturov to the NTV network. In contrast, he highlighted the increase of his support in other countries such as Saudi Arabia and Mexico to create “regional centers that support Russian exports,” says the Russian agency Tass. The Latin American country is Russia's second most important trading partner in Latin America after Brazil and, in turn, also has much to offer the Eurasian nation, reports Sputnik. According to the embassy of the Russian Federation, in the United Mexican States for exports of metals, food and raw materials, Russian exports grew by 1.5 million dollars to two billion dollars only in 2018. In sum, last October, Russian President Vladimir Putin traveled to Saudi Arabia and several Russian representatives signed 20 joint cooperation agreements. Together with the Saudi king, Salman bin Abdulaziz Al Saud, Putin highlighted the impulse to bilateral cooperation and the opportunity to stabilize the area in the fight against regional terrorism. Last July, 14 members of the Organization of Petroleum Producing Countries (OPEC) and its ten allies, led by Moscow, approved the reduction of the oil supply during the next nine months to keep the price of a barrel of crude oil high. Objective shared by the Saudis that has allowed closer relations between the two nations.

  • Duration: 01:37

Share

Keywords