Russia's trade with U.S. grows, with EU falls - Putin

Russian President Vladimir Putin has said that trade between Russia and the United States has increased by 7 percent, while trade with Germany has been "degrading."

Russian President Vladimir Putin has said that trade between Russia and the United States has increased by 7 percent, while trade with Germany has been "degrading."

"Our trade with the European Union has fallen by 4.3 percent, and import from these countries has also dropped somewhere in the region of 7-8-10 percentage points approximately with various countries, although there have been some positive things which, when I looked at the statistic today, have even surprised me a little. Say, our trade with other countries, for example, the U.S., [which] is up by 7 percent," Putin said at a meeting with representatives from the Federal Assembly.

Imports from the U.S. have risen by 23 percent, he said.

"I am not even talking about countries in the Asia-Pacific region: there our trade is also rising. But the situation with our main partner - Germany - is degrading. A 3.9 percent drop in trade, imports from Germany have also dropped," the president said.

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