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Kiev looks to bring trade with Russia up to pre-crisis level in 2010

      RBC, 07.09.2010, Moscow 13:55:42.Trade between Russia and Ukraine may reach its pre-crisis level by the end of 2010, Ukrainian Ambassador to Russia Vladimir Yelchenko stated at a press conference today. The diplomat reiterated that trade between the two countries reached its peak in 2008, when it amounted to $40bn.

      "Trade turnover exceeded $15bn in the first six months of 2010. If trade picks up the pace by the end of the year, we can set ourselves a goal of $40bn," he said. He went on to note that trade between Russia and Ukraine could even reach $50bn as early as next year.

      In May of this year, during a meeting with his Ukrainian counterpart Viktor Yanukovich, Russian President Dmitry Medvedev announced that trade between the two countries should reach $100bn in the future, since this figure "matches the scale of our economies."

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