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Russia: Qatar, Russia agree to over ten-fold increase in volume of trade01:15

Russia: Qatar, Russia agree to over ten-fold increase in volume of trade

Russian Federation, Moscow
June 3, 2016 at 19:44 GMT +00:00 · Published

Russian Energy Minister Alexander Novak alongside Qatari Energy Minister Mohammed Saleh al-Sada announced an over tenfold increase in the volume of trade between both countries, during a joint press conference in Moscow, Friday.

Novak stated that "the current state of trade turnover between our countries does not correspond to its real potential," before adding that "we agreed with my colleague [Qatari Energy Minister] that in the coming years we will set a goal to increase the volume of trade by more than ten times."

Saleh al-Sada stated that "the visit of the Emir of Qatar, which took place at the beginning of this year, will be a good boost and will give impetus to the development of our bilateral relations."

It is reported that the Energy Ministers also discussed cooperation with other oil and gas producing countries and members of the Organization of the Petroleum Exporting Countries (OPEC) in particular.

Russia: Qatar, Russia agree to over ten-fold increase in volume of trade01:15
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Russian Energy Minister Alexander Novak alongside Qatari Energy Minister Mohammed Saleh al-Sada announced an over tenfold increase in the volume of trade between both countries, during a joint press conference in Moscow, Friday.

Novak stated that "the current state of trade turnover between our countries does not correspond to its real potential," before adding that "we agreed with my colleague [Qatari Energy Minister] that in the coming years we will set a goal to increase the volume of trade by more than ten times."

Saleh al-Sada stated that "the visit of the Emir of Qatar, which took place at the beginning of this year, will be a good boost and will give impetus to the development of our bilateral relations."

It is reported that the Energy Ministers also discussed cooperation with other oil and gas producing countries and members of the Organization of the Petroleum Exporting Countries (OPEC) in particular.

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