Russia to supply 100 Sukhoi Superjets to China

The first five airplanes will be delivered in 2016.

Source: Photoshot/Vostock Photo

Russia will supply 100 Sukhoi Superjets to China in the next three years, Russian Trade and Industry Minister Denis Manturov said at the Innprom-2015 Defense Exhibition in Yekaterinburg.

The first five airplanes will be delivered in 2016.

According to Manturov, Russia and China will also jointly manufacture a large passenger airplane and a heavy helicopter.

“Industrial cooperation within the framework of APEC, ASEAN and BRICS is particularly important in times of political instability," Manturov said. “We have agreed to hold a meeting in October in Moscow between the main ministries of the BRICS nations."

Bilateral trade between Russia and China touched $90 billion last year, Manturov said, adding that Russia would like this figure to touch $200 billion by 2020. “The share of the oil and gas sector in Russia's exports is obviously very high, but the non-raw material industries accounted for  $50 billion (in trade with China) and we must try to increase it in the future," he said.

 

Read more: Russian weapons face West’s economic wall>>>

 

All rights reserved by Rossiyskaya Gazeta.