Meeting with President of China Xi Jinping

Vladimir Putin held talks with President of China Xi Jinping. The talks covered, in particular, the prospects of economic cooperation between Russia and China, and topical international issues.

The Russian President congratulated his Chinese counterpart on the successful opening of the One Belt, One Road international forum and pointed out that the event is well-timed. Vladimir Putin and Xi Jinping also discussed the Chinese President’s upcoming visit to Russia.

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President of Russia Vladimir Putin: Mr President, friends,

First of all, congratulations on the successful opening of the large international forum held at your initiative.

As I said in my address today, the timing for this forum is quite good considering the ongoing complicated developments in the world in general and in global economy in particular.

More than ever, we need new cooperation mechanisms in order to open doors to each other, eliminate barriers and obstacles in our cooperation – primarily, in the economy.

In my opinion, the main issue on our bilateral agenda is your upcoming visit to the Russian Federation and we very much look forward to it.

Our governments, the Russian Presidential Executive Office and the Secretariat of the Communist Party of China Central Committee, are currently drafting quite a set of documents, including an action plan toward fulfilling our strategic initiatives for the next few years.

A schedule of contacts has been developed at the level of the governments, ministries, agencies and parliaments of our countries. We are satisfied with the course of our relationship in all these directions.

As concerns the economy, which never leaves our attention, over the last year we have managed to overcome certain negative trends and have achieved a four-percent increase in trade turnover. During the first few months of this year, between January and March, the growth rate was already 37 percent.

What is particularly important and pleasing is that trade patterns are changing structurally. The share of machine engineering and agricultural products is growing for both countries.

However, there is still much room for improvement. Particularly, when it comes to complicated international issues where we always stand side by side and support each other in overcoming various problems. This is certainly a very important factor in international affairs, one that serves to stabilise the political situation.

Let me thank you once again for arranging this event. I am both hopeful and confident that this forum will be held at the highest level.

Thank you.







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