Putin and confirmed the partnership faced with EU and US trade restrictions
Russian President Vladimir Putin and Chinese President Si Jinping have confirmed their close partnership, which is present in the automotive and energy sectors, during today’s meeting in Moscow, marking the 80th anniversary of the end of World War II.
« In conditions of a severe geopolitical situation and global uncertainty, the Russian-Chinese foreign policy link is the most important stabilizing factor on the international scene, » Putin said.
China is a key buyer of Russian raw materials such as gas and oil, whose sale fills Russia’s military fund for the conflict it started with Ukraine more than three years ago, DPA reports.
Russian Energy Minister Sergei Ziviljov, referring to EU plans to stop using Russian gas by 2027, said Moscow would find other buyers. He once again called them « illegal » Western sanctions imposed in response to Russia’s war against Ukraine.
The more Russia moves away from the West, the more it relies on its strategic partnership with China. According to official data, bilateral trade rose to $ 245 billion last year, DPA reports.
He said Russia and China deepened their mutual political confidence during a meeting in an unprecedented global change, Chinese state -run Sinhua agency reported.
Russia is an important market for Chinese cars and with US latest customs, China has said it wants to work with Russia to defend the interests of the two countries in « unilateralism and abuse ».
That term is a phrase that China uses in relation to its trade disputes with the United States. Unilateralism refers to a state strategy to prioritize its own interests regardless of international partners or organizations.
The Kremlin invited him as the main guest of celebrations to mark the Soviet Union’s victory over Nazi Germany. Moscow traditionally marks the end of the May 9 war with a large military parade at Red Square.
