China became Russia’s biggest trading partner. The exports and imports between these two nations touched 50.8 billion US dollars from January to August 2011. The year 2011 marks the 10th anniversary of the signing of China-Russia Good neighborly, Friendly Relations and Cooperation Treaty.
On 7 October 2011, at a meeting on customs cooperation, Russia and China agreed to seize the new opportunities for speedy development of bilateral relations to achieve the bilateral trade targets of 100 billion dollars before 2015 and 200 billion dollars before 2020.
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