article author: Argaam Author: Fri, 2026-06-05 11: 11 RIYADH: Russian Deputy Minister of Industry and Trade Alexey Grozdev said trade between Saudi Arabia and Russia has surpassed $4 billion, reflecting rapidly expanding economic relations between the two countries. Speaking to Argaam on the sidelines of the St. Petersburg International Economic Forum, Grozdev said both sides are seeking greater diversification in economic and industrial cooperation, noting that untapped potential remains well above current trade levels. Main category: Business & Economy Tags: Alexey Grozdev Saudi-Russian ties St. Petersburg International Economic Forum (SPIEF)
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