Trade between Russia and the Association of Southeast Asian Nations (ASEAN) reached 21.5 billion USD in 2014, a fivefold increase over the past decade.

The figure was released by Russian Deputy Prime Minister Arkady Dvorkovich on April 20 at the plenary session of the World Economic Forum (WEF) on East Asia 2015 in Jakarta, Indonesia.

The Russian Deputy PM said economic relationship between Russia and ASEAN over the past years have been developing positively, adding that Russia see good prospects of cooperation with ASEAN partners in the supply of liquefied gas and helicopters, among others.

He also highlighted that Russia’s external economic policy gives priority to links with the Asia-Pacific region for economic development, especially in Siberia and the Far East.

The WEF on East Asia 2015 is taking place in Jakarta from April 19-21 with the attendance of more than 700 guests from 40 nations. Main topics on the event’s agenda include agriculture, the food market, trade and the spread of high technology.-VNA