Thursday, November 03, 2005

Trade: Russia seeks closer links with the Netherlands

Russia is seeking stronger business links with the Netherlands. During a meeting with Dutch Prime Minister Jan Peter Balkenende, in the Hague, Vladimir Putin said that Russia welcomes Dutch firms' interest in building oil pipeline linking Russian gas fields to northern Europe.

Last year bilateral trade amounted to $16.6 billion and this year is expected to reach $25 billion.