Russian-Spanish trade turnover drops three-fold in the wake of sanctions -ambassador

block
Tass, Madrid :
The trade turnover between Russia and Spain has dropped three-fold after the European Union imposed restrictive measures against Russia, Russian Ambassador to Spain Yuri Korchagin told reporters.
“Prior to 2014, our trade turnover reached? 11 bln,” the diplomat said. “According to the data provided by the Spanish customs service, it was approaching? 15 bln. After the EU imposed its anti-Russian restrictions the trade turnover dropped nearly three-fold.”
“Nevertheless, we have seen an increase in the trade turnover over the past two years,” Korchagin went on to say. “In 2018, it grew 6% to reach? 5.6 bln. but this is incomparable with the previous figures.” “Last year, the implementation of the major project to supply Russian LNG to Spain began,” the diplomat stressed.
block