The national currency becomes the main one in the colonies of Russian and Chinese companies, and the volume of mutual trade is close to a record. This was announced by Russian Prime Minister Mikhail Mishustin during an official visit to Beijing.
“I am sure that this year, not only will we meet the task set by the Heads of State to increase mutual trade to $200 billion ahead of schedule, but we will also surpass this important milestone,” Mishustin said during talks with the Prime Minister of the State. Council of the People’s Republic of China Li Qiang.
The Russian Prime Minister stressed the importance of settlements in national currency. Already, around 70% of cross-border settlements between the two countries are made in rubles and yuan.
Among the main sectors of the economy in the bilateral cooperation, Mishustin named the supply of Russian oil from China, cooperation in the field of energy and the peaceful atom. In the future, Moscow and Beijing intend to develop joint projects in aviation, shipbuilding, mechanical engineering and machine tool construction, as well as space exploration.
“Using the solid scientific base and production potential we have accumulated, we can jointly ensure the technological sovereignty of Russia and China,” Mishustin said.
Earlier it was reported that Russian President’s Press Secretary Dmitry Peskov spoke about preparations for Vladimir Putin’s upcoming visit to China to attend the third “One Belt – One Road” international cooperation forum.
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