Udmurtia keen on boosting bilateral trade with Vietnam First Deputy Prime Minister of the Udmurt Republic of the Russian Federation Konstantin Suntsov has expressed his belief that its bilateral relations and trade with Vietnam will be enhanced in the coming time.
Talking with a Moscow-based Vietnam News Agency reporter, Suntsov said that two-way trade hit 165 million USD in 2019, which was estimated at 200 million USD last year despite impacts from the COVID-19 pandemic.
He noted that Udmurtia is running a trade surplus with Vietnam, with its exports accounting for up to 70 percent of the total value, mostly metal and forestry products, cellulose and papers. Meanwhile, Vietnam has mainly shipped consumer goods to Udmurtia.
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