The Kremlin

Russian President Vladimir Putin said today, Tuesday, that his country “supports the use of the Chinese yuan in trade between Asia and Latin American countries.”

Putin added, during his talks with his Chinese counterpart in Moscow, that “Russia is ready to support Chinese businesses in replacing companies that left the country,” stressing that the two countries can “become world leaders in the field of artificial intelligence and information development using their capabilities.”

The Russian president also indicated that Moscow and Beijing intend to establish a “working body” on the Northern Sea Route project.

For his part, Chinese President Xi Jinping, on the second day of his official visit to Moscow, expressed his readiness to “lay out a blueprint for developing our relations and strengthening coordination between the two countries.”

“The relations between China and Russia show positive development dynamics,” he said.

The Chinese president had confirmed earlier today, during a meeting with Russian Prime Minister Mikhail Mishustin, that Beijing would continue to make relations with Russia a “priority”, considering that the two countries are “two great neighboring powers” and “strategic partners”.

He announced that he had invited his Russian counterpart, Vladimir Putin, to visit China this year, in an indication of the close ties between the two countries, which are facing tension with the West.

In turn, Mishustin said, “We in Russia are sincerely interested in further strengthening the comprehensive partnership and strategic cooperation with China,” noting that “bilateral relations are at the highest level in the centuries-old history.”

Today, the official Russian-Chinese summit began with talks between Putin and Xi, with the participation of the two countries’ delegations in the Kremlin.

Xi arrived in Moscow on Monday, and the visit began with a four-and-a-half-hour face-to-face talks with Putin. The first round of talks was informal.

During the talks, Putin stressed that Russia and China have many common tasks and goals, stressing that the relations between Moscow and Beijing contribute to strengthening multipolarity in the world.

According to Russian media, the talks are scheduled to take place on a small scale, and then on a large scale, with the participation of the two delegations. After the talks, the documents signing ceremony will be held. In conclusion, Putin and Xi Jinping will make a statement to the media.

As for the expanded talks in the Kremlin, which will be attended by most members of the Russian government, a wide range of bilateral issues will be discussed, including energy and military-technical cooperation, as well as topics of mutual interest.

After the talks, Putin and Xi will directly sign the two main documents of this visit; The first is the joint statement of the Russian Federation and the People’s Republic of China on deepening comprehensive partnership and strategic cooperation that ushers in a new era.

The second document is a joint statement on the plan to develop the main areas of Russian-Chinese economic cooperation until 2030.

In addition to the two main documents, a package of more than 10 agreements on various branches of cooperation is being drawn up.

Also read: Putin to his Chinese counterpart: We are open to the negotiation process on Ukraine