The Ministry of Finance of Colombia hopes to increase exports to Russia

The Ministry of Finance of Colombia hopes to increase exports to Russia


The Finance Minister of Colombia Mauricio Cardenas mentioned that lately Russia began to drink more coffee, as evidenced by sales, besides she bought flowers on a large scale.

LIMA (Peru), 10 Oct. Colombia could increase exports of goods to Russia that will positively affect the development of trade relations between the two countries, said the Agency Sputnik, Finance Minister of Colombia Mauricio Cardenas.

“Russia is a market that expanded significantly in the last few years; it’s drinking coffee in a larger volume, the acquisition in Colombia more flowers,” said Cardenas on the sidelines of the annual meeting of the Board of governors of the world Bank and the IMF in Peru’s capital, Lima.

The Minister noted that “the increase in exports from Colombia to Russia” can improve trading relations between the two countries, which he described as “very good”. “We would be more than happy to participate in such conversation,” said Cardenas.

According to the Russian foreign Ministry, in 2014, bilateral trade between the countries reached 375 million dollars. The volume of Russian exports increased by 2.1% and amounted to USD 234,9 million dollars, while imports from Colombia decreased by 4.6% to the level of 140,2 million dollars.