ALEXANDER KNOBEL: “NON-OIL AND GAS EXPORTS DEMONSTRATE GOOD DYNAMICS”

The Argumenty i Fakty daily published the opinion of Alexander Knobel, Head of the International Trade Department, Gaidar Institute. According to Alexander Knobel, non-oil and gas exports demonstrated good dynamics in the past few years. As regards the International Cooperation and Exports national project, its volume is expected to increase by nearly 100% by the year 2024, that is, from $135bn to $250bn.

“At present, as regards sales volumes the leading positions are held by metallurgical products, chemical products (from mineral fertilizers to household chemicals), engineering goods (from military hardware and lasers to harvesters), forest industry’s products (from sawn timber and plywood to paper and furniture), food products and precious metals. But we have to increase the share of exports of mid-processed and, particularly, highly processed goods. By the way, some progress has already been made in this respect. Exports of high-tech goods have largely increased. It means that the goal of achieving $250bn worth of exports set in the International Cooperation and Exports national project is quite feasible.”