HomeWorldRussia-China trade volume reaches record $227B

Russia-China trade volume reaches record $227B

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Published February 09,2024


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Russia and China‘s presidents congratulated one another in a cellphone name for reaching a file commerce quantity of $227.7 billion in 2023, surpassing a goal set by the 2 leaders a 12 months forward of schedule, the Kremlin stated Thursday.

Vladimir Putin and Xi Jinping summed up the leads to creating their international locations’ partnership and strategic cooperation, it stated in an announcement.

They expressed mutual curiosity in additional selling cooperation throughout all areas, noting that this 12 months, the 2 international locations are marking the seventy fifth anniversary of the institution of diplomatic ties.

“Both sides confirmed their readiness to increase foreign policy coordination within the framework of various multilateral structures, in particular in the UN, BRICS and the Shanghai Cooperation Organization,” the assertion stated.

While exchanging views on the scenario within the Middle East, Putin and Xi spoke in favor of a political and diplomatic settlement of the Palestinian drawback throughout the typically acknowledged worldwide authorized framework.

Putin reaffirmed Russia’s help for the One-China coverage whereas talking concerning the tensions surrounding Taiwan, and the 2 leaders additionally addressed the scenario in Ukraine.

Putin and Xi additionally “emphasized that close Russia-China interaction is an important stabilizing factor in world affairs,” the Kremlin stated.

Chinese state media reported that Xi emphasised that the 2 sides “should intensify strategic coordination, safeguard their respective national sovereignty, security and development interests and resolutely oppose interference in internal affairs by external forces.”

“The two sides should cultivate new momentum for bilateral cooperation (and) maintain the stability of the industrial and supply chains,” Xi advised Putin, including their international locations ought to “jointly hold cultural exchanges that connect the hearts of the two peoples and constantly tighten the bonds of their people.”

Xi additionally stated that China and Russia “should support Kazakhstan in hosting this year’s Shanghai Cooperation Organization summit, enhance unity and mutual trust and safeguard regional security and stability and the common interests of regional countries.”

He additionally backed Russia in assuming the rotating presidency of BRICS this 12 months.

Beijing is “willing to work with Russia to strengthen international multilateral coordination, practice true multilateralism, advocate an equal and orderly multipolar world and economic globalization that benefits all, and make the global governance system more just and reasonable, so as to make positive contributions to building a community with a shared future for mankind,” it added.

The cellphone name between the 2 leaders befell a day after Chinese Chouzhou Commercial Bank, one of many most important banks for Russian exporters, notified its purchasers in Russia and Belarus that it’s ending all of its operations there resulting from fee points related to Western sanctions.

Source: www.anews.com.tr

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