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President's visit to China: new impetus for cooperation
Vladimir Putin's visit to China, the first foreign visit by a Russian President since taking office, is in full swing. The Russian and Chinese leaders emphasized the importance of developing a comprehensive partnership between the states in the sphere of trade, in particular the need to strengthen cooperation between banking institutions and payment systems, and announced the expansion of joint projects in the hydrocarbon and nuclear energy sectors.

During the visit, the Russian and Chinese delegations have already signed a number of joint agreements at the level of heads of state and ministries, as well as business associations, inter alia: 

  • Vladimir Putin and Xi Jinping signed a joint statement on deepening relations of comprehensive partnership and strategic cooperation between Russia and China on the occasion of the 75th anniversary of the establishment of diplomatic relations.

  • The Ministry of Economic Development and the Ministry of Commerce of the People's Republic of China signed a memorandum on developing co-operation in infrastructure and engineering construction.

  • Russian federal business association Business Russia and the Chinese Committee for the Promotion of International Trade signed a memorandum of cooperation.

  • Rossiya Segodnya media group and China's Xinhua news agency agreed to organise the BRICS Expert Forum.

Our China Desk monitors the overall progress of Russian-Chinese cooperation and, including the ongoing Russian-Chinese negotiations, and would be happy to assist in matters relating to cross-border transactions and investments.

#news #china
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#corporate_law #projects
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#news #construction_and_real_estate
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