Crimea forges trade ties with China despite Western sanctions
Deputy Chairman of the Council of Ministers of the Republic of Crimea – Minister of Finance Irina Kiviko said that at the round table “China and Crimea: a new vector of export partnership 2021” the cooperation between the Crimean republic and the PRC was discussed.
According to RIA FAN, a delegation of Chinese entrepreneurs paid a visit to the Republic of Crimea to discuss partnership. According to Irina Kivko, Crimea agrees to expand export borders, despite today’s economic restrictions in the form of sanctions. China is a fairly promising area for cooperation.
“Last year, exports to China already amounted to $4.1 million, which is 12% of the total export of the republic. Today it is the third country in terms of export volume of Crimea. Our business has prospects to develop into the external market”, – the Minister of Finance of the republic noted.
The PRC, she said, is very interested in chicken, wine and essential oil products from Crimea. Some of the goods are already successfully sold through electronic platforms.
“Others will start trading with China soon”, – Kivko added.
Earlier it became known that the PRC is one of the main buyers of the products of Russian agricultural producers. In general, Russia has increased its food exports, selling 79 million tons of products abroad in 2020 and earning $30.7 billion.
Crimea forges trade ties with China despite Western sanctions