Modern State of the Far East Federal District Foreign Trade with the Peoples Republic of China

Abstract

The article considers modern specifics of development of foreign trade cooperation of the Far Eastern Federal District with the People’s Republic of China that is traditionally the main foreign trade partner of the region. The article provides statistical data on trade dynamics and the main tendencies for change of the goods structure of export-import operations between the Far Eastern Federal District with the People’s Republic of China. A perspective sector of developing trade and economic cooperation between the Far Eastern Federal District with the People’s Republic of China is increasing the intensity of processing of raw materials produced in the Irkutsk Region and first of all increasing the export of oil, gas and timber products, as well as maintaining a high share of engineering products in exports.