The Russian delegation at the APEC summit pointed to the growth of the Russian economy

Photo: © TASS/Maxim Grigoriev

Photo: © TASS/Maxim Grigoriev

The Russian delegation at the APEC summit told other participants of the congress about the progress the Russian economy has made. Deputy Prime Minister of the Russian Federation Alexey Overchuk, who headed the delegation, told reporters about this.

“We pointed out that our economy is growing and diversifying. Moreover, this is qualitative growth due to processing industries, due to industry, and not due to extractive industries.”– he said.

The politician noted that with inflation at 6%, real incomes of Russian citizens increased by 7.5%, and the country has a record low unemployment rate – only 3%. In addition, from January to September 2023, the level of GDP in the Russian Federation increased by 2.8%, and this dynamics maintains a positive trend.

At the same time, Overchuk pointed out that at the end of 2022, the volume of trade turnover between Russia and the countries of the APEC region increased by 6.1% compared to 2021, and in the first eight months of 2023 increased by another 11.8%.

In addition to economic issues, the Russian delegation at the APEC summit said that Russia is striving to achieve carbon neutrality. She plans to do this by 2060, so experts are already developing financial instruments for this.

“In fact, we have a carbon project on Sakhalin Island that is being implemented, there is a program, and we expect that carbon neutrality will be achieved on the island in the near future,” – added the politician.

Source: Ren


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