Russian Prime Minister Mikhail Mishustin recently announced that Moscow and Beijing are stepping up economic cooperation and launching joint investment projects despite unprecedented external pressure. This comes amidst efforts from both countries to strengthen their bilateral ties in various fields, including trade, energy, transportation, agriculture and food security.
Mishustin made the announcement at a meeting with Chinese State Council Premier Li Qiang on the sidelines of the SCO (Shanghai Cooperation Organization) Council of Heads of Government, signifying the importance both countries place on fostering closer ties despite international opposition. Russia and China are stepping up economic cooperation despite unprecedented external pressure. We are increasing the volume of mutual trade and launching joint investment projects. Our energy partnership has acquired a comprehensive strategic character, covering oil, gas, coal and nuclear areas of cooperation,” he stated during the meeting.
In addition to enhancing their economic relationship, Moscow and Beijing are also working together on creating new international transport corridors. Both countries recognize the importance of agriculture and food security, with Mishustin noting that Russia and China are paying special attention to these sectors as part of their strengthened partnership.
At the beginning of the meeting, Mishustin extended best wishes to Chinese President Xi Jinping on behalf of Russian President Vladimir Putin and himself. He also congratulated his counterpart and all Chinese friends on the 75th anniversary of the establishment of the People’s Republic of China and diplomatic relations with Russia.
Over the past three-quarters of a century, Russia-China cooperation has acquired new quality, new filling. We are building up the traditions of good-neighborliness, friendship and strategic partnership, but we are also looking confidently to the future,” Mishustin concluded, highlighting the positive trajectory of Russian-Chinese relations.