News of B2B RSTrade Platform

On October 15, 2017 an export-import B2B RSTrade ( www.rstradehouse.com ) was further developed: the new content was added and the working version in Chinese emerged. Prior to this the Platform had operated in three languages: Russian, English and Indonesian.

Besides, the practicable integration of RSTrade with the State Information Industrial System have begun.

Currently, on the Platform the companies from 14 countries are registered as suppliers and consumers. The most popular services are: displaying of goods and services in a public domain and contract manufacturing with a closed access, opened only for a part of the registered users. The above-mentioned processes would contribute to the qualitative growth of the number of participants of RSTrade on the Russian side and hopefully attract more partners from Oriental countries interested in the development of foreign economic relations.

Reference information: Officially the Platform was launched on November 25, 2016 at the 7th session of the High-Level Russia-Singapore Intergovernmental Commission (hereinafter - IGC). The operator of the Platform is LLC RSTradehouse - the executive structure of the Russia-Singapore Business Council. The development of the Platform as an instrument for the facilitation of bilateral and multilateral trade was supported at the Minutes of ICG Meeting.

RSTrade is also recognized as an instrument for the promotion of civil products of the State Corporation Rostec enterprises to the markets of South and Southeast Asia. At the moment, the Platform shows the products of about 500 companies, around 20% of which are non-Russian companies.