Russia and Brazil have set a target to boost their trade turnover from $4.6bln recorded in 2009 to $10bln in the nearest future, Russian President Dmitry Medvedev said at the press conference devoted to the results of the trip of Brazilian President Luis Inacio Lula da Silva to Moscow. To achieve this goal, both parties signed a number of documents, including the plan on the realization of all projects earmarked in their strategic partnership pact. “Our economies have emerged from this crisis stronger, therefore, I am convinced that we can boost our bilateral trade to $10bln in the near future,” Da Silva added, noting that a huge role in achieving this objective belongs to business.
“A quality new leap is needed for further development of our mutual relations, and here much depends on businesses. Therefore, we should increase the share of our goods with higher-added values and eliminate all the barriers hamstringing further deepening of cooperation between our economies.” Also, both president decried the absence of a direct flight between two huge countries with the great technical potentials, and readily moved to rectify the issue by signing strategic agreements on visa-free regime and launching direct air flights between the two countries.
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