Transnistria boosts exports to Russia
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Tuesday, 18 October 2005
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RosBusinessConsulting - Moscow, Russia
RBC, 18.10.2005, Chisinau 10:35:42.In the first half of 2005, Transnistria boosted exports to Russia by 150 percent (or USD68.1m) to USD112m, compared with the same period in 2004, RBC has been told by the Transnistrian economy ministry.
This export growth can be attributed to increased supplies of basic metals, foods, machinery and equipment, and shoes. Specifically, during the aforementioned period Transnistria delivered USD89.1m worth of ferrous metals, USD12.9m worth of machinery and electric equipment, and USD5.1m worth of foodstuffs. Russia accounted for 39.1 percent of the total of Transnistrian exports, which stood at USD286.1m (up by USD22.6m, or 8.6 percent).
Simultaneously, between January and July, Transnistria curbed imports from Russia by 12.8 percent to USD85.4m, which were mainly represented by energy (41.3 percent, or USD35.3m), and basic metals (41.9 percent, or USD35.8m).
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