Russia approves draft bill to boost trade within SCO- report
Sino-Russian trade would benefit from the bill, which would simplify and harmonize the SCO countries' national procedures regarding cross-border road transit.
Border guards on the China-Kazakhstan border. Source: Sergei Zhukov/TASS
The Russian government approved a draft bill to increase trade with members of the Shanghai Cooperation Organization (SCO), Xinhua reported on Tuesday.
The bill would simplify and harmonize the SCO countries' national procedures regarding cross-border road transit, the news agency said, citing a Russian government statement.
The bill calls for lifting the existing ban on the entry of Russian vehicles to China through border check points from Kazakhstan, boosting trade turnover between Russian and China, according to the report.
Read more: Crisis in Russian clothing sector creates opportunities for Southeast Asian exporters>>>
All rights reserved by Rossiyskaya Gazeta.
Subscribe
to our newsletter!
Get the week's best stories straight to your inbox
We've got more than 2 million followers on Facebook.
Join them!