Moscow Wants To Boost Trade With Israel

Russia's President Vladimir Putin (R) and Israel's Prime Minister Benjamin Netanyahu take part in a joint press conference in Moscow's Kremlin, on November 20, 2013. A

The Times of Israel reports: Wrapping up a two-day visit to Russia, President Reuven Rivlin on Thursday met with Russian Prime Minister Dmitry Medvedev for talks aimed at strengthening bilateral trade and economic relations between the two countries.

In light of US and EU sanctions levied on Russia over its military intervention in Ukraine last year, Medvedev said, Moscow was “open” to increasing its imports from Israel.

“I see in the near future a real opportunity to increase trade. Recently, we have encountered export restrictions to Europe, Turkey has left our market and we are open to more exports from Israel,” he said at a joint press conference, according to a statement from Rivlin’s office.

Both leaders came out in support of ongoing bilateral talks seeking to establish an Israel-Russia free trade agreement, the statement said.

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