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Putin & China: Achieving a Doubled Trade Volume Through Signing Ceremony


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Russian President Vladimir Putin said that in the documents signed with China today, on Tuesday, there is a goal to double the volume of trade with it.

The Russian President’s statement was made at a press conference held after the signing ceremony of two documents between Moscow and Beijing – a document aimed at deepening Russian-Chinese relations and a plan for the development of economic cooperation until 2030.

The President of Russia said: “The joint statement on the plan for the development of the main areas of economic cooperation until 2030 set the task of doubling the volume of trade and deepening relations in eight strategic areas.”

Putin pointed out that trade between Russia and China reached a historical record, exceeding $185 billion in 2022, while trade between the two countries is expected to exceed $200 billion this year.

“Additional opportunities for unlocking the potential of the Russian and Chinese economies are provided by the Eurasian Union and the Chinese President’s initiative (“One Belt, One Road”),” the President of Russia said.

Below are the most striking statements of the President of Russia on trade and economic cooperation with China:

Vladimir Putin: Trade and economic cooperation is a priority in relations between Russia and China.

Vladimir Putin: Russia and China maintain high dynamics of mutual trade, and in 2023 the trade turnover may cross the threshold of $200 billion.

– Putin: At the Russian-Chinese talks, the Power of Siberia-2 project (a pipeline for pumping gas from Russia to China through Mongolia) was discussed in detail.

Vladimir Putin: LNG supplies from Russia to China will be increased.

– Putin: The Russian Atomic Energy Corporation and China’s specialized agency are signing a long-term cooperation program.

Source: RT + News

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