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Lithuania, Belarus and China intend to cooperate in the development of Eurasian transport corridor.

Ministers of Transport of Lithuania, Belarus and China on Oct. 19 signed a declaration on cooperation in the development of the initiative to create a Eurasian transport corridor, told RBC with the ASEM forum in Vilnius.

The declaration speaks of the need to strengthen cooperation in Asia and Europe in expanding and modernizing infrastructure and land use of the common transport policy on the principles of transparency, mutual trust and non-discrimination. Lithuania, Belarus and China are going to join forces and create a chain of logistics.
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Trade between Russia and China this year reached 28.04 billion

TRADE between Russia and China for the first nine months amounted to 28.04 billion dollars, which is 34,9% less than the same period in 2008. As reported the General Customs Administration of China, exports from China to Russia for the period amounted to 12.01 billion dollars (a decrease of 48,9%) and Russia’s imports to China amounted to 16.03 billion dollars, down by 17 , 9%. Last year trade turnover between the countries exceeded $ 56 billion decrease the volume of the Russo-Chinese trade in the current year due to the negative impact of the global financial crisis on the economic situation in both countries.