Russia and the Netherlands are traditionally important economic partners. The Netherlands is the second in the world and first in Europe Russia’s trade partner and the second foreign direct investor. In 2014, Russian-Dutch trade turnover amounted to $73,2bn (according to the statistics of the Russian Federal Customs Service). The Netherlands remains Russia’s number one export destination ($67,9bn) and number 14 import partner ($5,2bn). In 2014, Russian-Dutch trade turnover equaled 9,4% of the Russian foreign trade volume. 

According to the Dutch statistics, in January-October 2014 Russian-Dutch trade turnover amounted to €21,4bn. Russia is number six import partner of the Netherlands (€16,2bn) and its number twelve export destination (€5,2bn). 

The Netherlands exports primarily agricultural products, food, chemical industry goods, machines and vehicles to Russia. Russia exports mineral resources and fuel, metals and metal goods to the Netherlands. 

By the end of Q2 2014, Dutch direct investments accumulated in Russia equaled $67,8bn (according to the Russian Central Bank statistics) which is 11% of the total foreign direct investments accumulated in the Russian economy.

 

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Regular Meeting of the Working Group on Healthcare

On March 20, 2019, a regular meeting of the Working Group on Healthcare under the Joint Economic Commission between Russia and the Netherlands took place in the Research Center for Obstetrics, Gynecology and Perinatology in Moscow. 

The event was attended by the officials of the Ministries of health of Russia and the Netherlands, researchers from national medical establishments and experts from Philips Russia. 

The attendees discussed cooperation in the field of reproductive health, mother and child health, combatting HIV and tuberculosis, antimicrobial drug resistance, and implementation of innovative technologies, such as telemedicine.

The parties have agreed to continue bilateral cooperation in future.