Russian President Vladimir Putin met Chinese President Xi Jinping in Beijing during a two-day state visit, in a meeting described as significant for bilateral ties.
Following discussions aimed at strengthening cooperation and goodwill, the two sides signed 20 agreements spanning trade, infrastructure, media, cinema, scientific research and human resource development.
Among the key pacts was a financial infrastructure agreement to expand bilateral trade using China’s yuan and Russia’s rouble instead of the US dollar, as both countries seek to reduce the impact of Western economic sanctions.
Other agreements included steps to improve technology exchanges under the trade framework, create stable trade corridors between major cities to ensure safe transport of fuels, and train officials to curb monopolistic dominance and promote fair trade practices.
In the energy sector, Russia’s state firm Rosatom agreed to cooperate with China by building and completing new power-generation units at Chinese nuclear power plants.
