China, Russia strengthen economic, political ties
Marina Kortunova
Press TV, Moscow
During a meeting with Russian Prime Minister Mikhail Mishustin in Moscow, China’s President Xi Jinping explained why Russia is his first destination following his re-election.
This is the 40th meeting between Putin and Xi during their presidency, which indicates the high and close level of cooperation between China and Russia for a long time.
President Xi arrived in Moscow on March 20 for a three-day visit. He began his visit with an informal meeting with Vladimir Putin, which lasted almost five hours.
On Tuesday, the heads of state held an official meeting at the Grand Kremlin Palace. The priority in relations between Russia and China is the trade and economic cooperation.
In the documents, signed by the two leaders, they vowed to multiply the volume of trade. It is expected that the Russian Federation and China will exceed the historical record trade volume of $200 billion this year.
On February 24, on the anniversary of the start of the Russian military operation in Ukraine, the Chinese Foreign Ministry presented a 12-point plan to resolve the conflict in Ukraine.
China and Russia, as permanent members of the UN Security Council, also vowed to uphold the fundamental norms of international relations and build up constructive force for the formation of a multipolar world.
Putin and Xi Jinping also signed two joint documents, setting long-term goals until 2030 across all tracks- a statement on plans for economic cooperation and a statement on plans to deepen the partnership.
The Chinese President’s three-day visit to Russia demonstrates the close historical relations between Beijing and Moscow. Any agreement made during Xi’s trip can be regarded as a milestone, given the fact that a new world order is being shaped.
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