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Since the FTA went into effect, total bilateral trade has increased more than 25%.
In 2012 Russia's total bilateral trade with America was worth only $28 billion, and its trade with China, despite a long, shared border and copious amounts of commodities to sell, amounted to just $87 billion.
Holbrooke, for whom I worked as adviser during his tenure as U.S. Special Representative for Afghanistan and Pakistan, used to remark that India and Pakistan had to work really hard to keep their trade at its current low level — total bilateral trade amounted to one per cent of Pakistan's G.D.P. and 0.1 per cent of India's in 2014.
Although Canada has had a free-trade agreement with Israel since 1997, total bilateral trade of C$1.4 billion ($1.3 billion) is less than what Canada and the United States trade in a single day.Mr Harper's warm relationship with Mr Netanyahu has some appeal as an explanation, but overlooks the long-standing nature of the Canadian leader's commitment to Israel.
A new oil refinery in India's Punjab may start sending petrol over the border, giving a boost to total bilateral trade.For Amritsar, a once-thriving city dominated by Sikhs, renewed trade could drive an economic revival.
In total, bilateral trade between the two is close to £30bn.
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"We expect more than half of China's total trade flows, primarily bilateral trade with emerging markets, to be settled in renminbi in the next three to five years," Qu Hongbin, chief China economist at HSBC in Hong Kong, concluded in a report.
Bilateral trade totalled $7.2 billion last year, of which $6 billion consisted of Colombian exports, mainly of food, live animals, clothing and cars.
India and Italy are strong trading partners, with bilateral trade totalling 7.2 billion euros ($9.4 billion) in 2010, which is expected to double by 2015.
It could boost bilateral trade that already totals $110bn £73bnn) a year.
It is hoped that the ECFA, signed by Chinese and Taiwanese leaders in June, will boost bilateral trade that already totals $110bn£73bnbn) a year.
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