• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home World

GDP Growth Of CIS Countries To Be 4.7 Per Cent In 2024: Putin

OMMCOM NEWS by OMMCOM NEWS
December 26, 2024
in World

St. Petersburg: The growth of gross domestic product (GDP) of the Commonwealth of Independent States (CIS) members will reach 4.7 per cent this year, Russian President Vladimir Putin said at an informal CIS summit held in Leningrad Oblast.

“The macroeconomic indicators of our countries have improved significantly. Thus, by the end of 2024, the growth of total GDP of the Commonwealth countries is projected to reach 4.7 per cent,” Putin said Wednesday. He described the figure as “higher than the world average.”

Russia’s trade turnover with other CIS members in January-October increased 10.6 per cent and amounted to more than 93 billion USD, the president noted, adding that in the 10 months, the industrial production of CIS countries rose 4.3 per cent, the volume of cargo transportation went up 7.4 per cent, and retail sales added by 7.7 per cent, Xinhua news agency reported.

According to him, cooperation in financial and monetary fields is being strengthened among the CIS members, and independent payment systems and settlement instruments are increasingly being used to facilitate mutual economic transactions.

The share of national currencies in the settlements of commercial transactions between the Commonwealth members has exceeded 85 per cent.

Russia is chairing the CIS this year. Putin recalled that during Russia’s chairmanship period, priority was given to deepening economic cooperation, ensuring free movement of goods and services, eliminating trade barriers and simplifying customs procedures.

“Russia’s main efforts as the CIS chair were aimed at developing integration in the Eurasian space and strengthening the international authority of the Commonwealth,” said Putin.

“Priority was given to deepening economic cooperation, ensuring the free movement of goods and services, eliminating trade barriers, and simplifying customs procedures,” the Russian president added.

(IANS)

Tags: Gross Domestic Product (GDP)Russian President Vladimir Putin
ShareTweetSendSharePinShareSend
Previous Post

22 Palestinians Killed In Israeli Airstrikes Across Gaza

Next Post

Their Sacrifice Shining Example Of Valour, Commitment To One’s Values: PM Modi’s Tribute To Sahibzades

Related Posts

PM Modi
World

PM Modi Speaks With ‘Friend’ Putin, Reaffirms Commitment To Deepen India-Russia Ties

August 8, 2025
Khalistan Embassy
World

Khalistan Embassy In Canada: A Brazen Provocation That Ottawa Still Won’t Confront

August 8, 2025
Guo Jiakun
World

China Responds To Trump Tariff Threat, Says Trade With Russia ‘Legal And Legitimate’

August 8, 2025
Landslide
World

Seven Confirmed Dead After Landslide In China’s Guangzhou

August 8, 2025
PM Modi
World

China Welcomes PM Modi For SCO Meet, Says Tianjin Summit Will Be Gathering Of Solidarity And Friendship

August 8, 2025
Brazilian Researcher
World

India-Brazil Can Build New Partnership, Diversify Trade Partners: Brazilian Researcher On Trump’s Tariff Tirade

August 8, 2025
Next Post
PM Modi

Their Sacrifice Shining Example Of Valour, Commitment To One’s Values: PM Modi's Tribute To Sahibzades

Odisha Vigilance

Vigilance Conducts Raids At Eight Locations Linked To ARI Surendra Tanti In DA Case

Stock Market

Indian Share Market Opens In Green, Nifty Above 23,800

khimji
TPCODL
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.