2017-10-11 / Mideast

Israel-Russia trade leaps by 25 percent

Trade between Russia and Israel has grown this year by 25 percent, officials from both countries revealed, amid complications with other Russian trading partners. The first six months of 2017 saw increased trade between the nations of about $380-million over the corresponding period last year.

Zeev Elkin, the Israeli Cabinet minister responsible for environmental protection and issues connected with Jerusalem, announced the figures at a conference in Moscow about Russian- Israel relations.

“There is still great potential for increase in trade and there is much work ahead of us,” Elkin said in reference to ongoing talks since 2013 on signing a free trade agreement with Russia. (JTA)

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