Rus­sia, China ink 21 far-rang­ing deals

China Daily (USA) - - FRONT PAGE - By HU YONGQIIN in St. Peters­burg, Rus­sia huy­ongqi@chi­nadaily.com.cn Zhang Zhihao con­trib­uted to this story.

Twenty-one agree­ments were signed be­tween China and Rus­sia on Mon­day to fur­ther pro­mote co­op­er­a­tion in var­i­ous fields, in­clud­ing on high-speed rail­ways, dur­ing Pre­mier Li Ke­qiang’s visit to St. Peters­burg.

Li and his Rus­sian coun­ter­part, Prime Min­is­ter Dmitry Medvedev, wit­nessed the sign­ing of the agree­ments — which also in­cluded civil nu­clear power tech­nolo­gies, en­ergy projects and link­ing China’s Belt and Road Ini­tia­tive with the Rus­sia-dom­i­nated Eurasian Eco­nomic Union — af­ter the 21st China-Rus­sia Prime Min­is­ters’ Reg­u­lar Meet­ing in St. Peters­burg.

Pre­mier Li ar­rived in St. Peters­burg on Sun­day, the fourth stop of an eight­day Eurasian trip that has also taken him to Kyr­gyzs­tan, Kaza­khstan and Latvia. He was ac­com­pa­nied by Medvedev to visit the State Her­mitage Mu­seum, a UNESCO World Her­itage Site.

The coastal city, Rus­sia’s sec­ond-largest, is also Medvedev’s home­town, and the two went there un­der a spe­cial “home­town diplo­macy” agree­ment. Medvedev pre­vi­ously vis­ited Li’s home­town of He­fei.

“Both sides have reached im­por­tant con­sen­sus on trade, in­vest­ment, ed­u­ca­tion and peo­ple-topeo­ple ex­changes,” said Li. “There is still more new po­ten­tial to tap for bi­lat­eral co­op­er­a­tion, which is ben­e­fi­cial to both peo­ples and re­gional de­vel­op­ment.”

Medvedev said both coun­tries are car­ry­ing out large projects in in­fra­struc­ture, nu­clear power gen­er­a­tors and high-speed rail­way, each cost­ing bil­lions of US dol­lars.

Both coun­tries will co­op­er­ate more in small- and medium-sized en­ter­prises, he added.

A joint state­ment is­sued af­ter the meet­ing summed up the achieve­ments of bi­lat­eral co­op­er­a­tion and will guide the next co­op­er­a­tive steps in trade, in­vest­ment, en­ergy and peo­ple-to-peo­ple ex­changes. Ad­di­tion­ally, China and Rus­sia will safe­guard re­gional and global peace and sta­bil­ity as well as es­tab­lish a fair and ra­tio­nal world or­der, the state­ment said.

Li Xing, a pro­fes­sor of in­ter­na­tional re­la­tions at Bei­jing Nor­mal Univer­sity, said reg­u­lar meet­ings al­low the two lead­ers to com­mu­ni­cate ef­fec­tively on ma­jor is­sues and fa­cil­i­tate eco­nomic co­op­er­a­tion in a timely man­ner. He added that Chi­naRus­sia co­op­er­a­tion is char­ac­ter­ized by high syn­ergy and ma­jor projects that re­flect com­ple­men­tary and win­win col­lab­o­ra­tions.

There is still more new po­ten­tial to tap for bi­lat­eral co­op­er­a­tion.” Pre­mier Li Ke­qiang

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