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Russia & China Discuss Strategic Cooperation

May 16, 2024
Russia & China Discuss Strategic Cooperation
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Russia’s President Vladimir Putin and Chinese President Xi Jinping issued a joint statement to enhance their comprehensive partnership and strategic cooperation.

Kremlin aide Yuri Ushakov earlier described the document, spanning over 30 pages, as a testament to the unique relationship between the two nations.

He noted that it sets forth the future direction for their bilateral ties and underscores Russia and China’s role in fostering a fair and democratic global order.

The timing of the statement coincides with the 75th anniversary of diplomatic relations between Russia and China and follows extensive negotiations. Putin’s trip to Beijing on May 16 marked his first international visit since his reelection.

During a meeting on Thursday, Putin highlighted the substantial progress in practical cooperation between Moscow and Beijing.

He noted a nearly 25% increase in bilateral trade in 2023, reaching $227 billion, affirming China‘s status as Russia’s principal economic and trade ally.

Putin also mentioned that Russia is now the fourth largest of China’s trading partners, a position bolstered by the agreement on the development of key economic cooperation areas up to 2030, signed during Xi’s March visit to Moscow.

The Russian president pointed out energy, industry, and agriculture as focal areas of bilateral cooperation, along with high technology, innovation, infrastructure, and transportation.

He also mentioned the expanding humanitarian ties, including upcoming cultural exchange years for Russia and China in 2024-2025.

Avril Haines, the Director of US Intelligence, recently informed the Senate Intelligence Committee that Russia, China, and Iran continue to pose significant threats to U.S. elections.

Tags: ChinaRussia
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