Russian President Vladimir Putin this Friday offered China the opportunity to supply itself with energy at affordable prices and promised benefits to companies in the Asian country that invest in Russia.
“Russia is ready and able to provide the Chinese economy, business, cities and villages with affordable and environmentally friendly energy, light and heat uninterruptedly and reliably,” Putin said in his speech at the opening of the eighth Russia-China exhibition in 2015. Harbin city, Heilongjiang province, northeast China.
The Russian President emphasized that the partnership between the two countries in the energy sector, which he considers “a reliable pillar of the global energy market,” will continue to develop in the future.
Welcoming Chinese companies’ interest in manufacturing in Russia, Putin said he would offer investors “economic advantages, assistance and support” as well as the use of domestic technology and “highly qualified personnel.”
The Russian President once again praised trade relations between Moscow and Beijing, at a time when both countries are subject to economic sanctions and punitive customs duties imposed by third parties due to the war in Ukraine, both for the former and for commercial reasons, in case of the second.
“I think we can be proud of the results of our economic ties,” Putin said.
Trade between China and Russia grew by 26.3% year on year in 2023 to $240 billion (€223 billion).
Beijing has become the largest market for Russian oil and gas and an important source of imports, including dual-use civilian and military goods that keep the Russian military machine running despite China’s ban on arms sales to the neighboring country.
In his speech, Putin called for brotherhood between the two countries in the face of external enemies in the context of growing Western pressure on both countries.
He highlighted the participation of Soviet soldiers in liberating China from Japanese invasion in 1945, the day after he met Chinese President Xi Jinping in Beijing, in a one-on-one meeting that dashed Western hopes that Beijing would apply pressure to Moscow to wage war in Ukraine.
This is Putin’s second visit to China in less than a year, following his trip in October 2023.
Author: Lusa
Source: CM Jornal
I am Michael Melvin, an experienced news writer with a passion for uncovering stories and bringing them to the public. I have been working in the news industry for over five years now, and my work has been published on multiple websites. As an author at 24 News Reporters, I cover world section of current events stories that are both informative and captivating to read.