Russia-China Ties Most Important Stabilizing Factor in International Arena - Putin

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MOSCOW (Sputnik) - Ties between Russia and China are the most important stabilizing factor in the international arena, Russian President Vladimir Putin said on Thursday.

"In the context of a difficult geopolitical situation and global uncertainty, the Russian-Chinese foreign policy nexus is the most important stabilizing factor in the international arena," Putin said at the expanded-format talks with Chinese President Xi Jinping in the Kremlin.

The cooperation of the two nations will continue to develop for the benefit of the Chinese and Russian peoples, he added.

Mutual Protection of Investments

Russian President Vladimir Putin announced the conclusion of agreements on the promotion and mutual protection of investments between Russia and China.

"Today we will sign updated intergovernmental agreements on the promotion and mutual protection of investments, which, I am sure, will have a positive impact on the formation of a more favorable business environment and will give a serious impetus to the development of our economic cooperation," Putin said.

Russia has become the world's top importer of Chinese cars, the president said, adding that Russia is also ready to expand the range of Russian agricultural products to China.

"For our part, we intend to continue to create comfortable conditions for the activities of companies from China in Russia," the president said.

Additionally, Putin said that Russia and China intend to further modernize the transport infrastructure.

Putin also proposed to review in detail practical aspects of China-Russia cooperation.

"Mr. Xi Jinping, dear friend, distinguished colleagues, today at the expanded talks with the participation of delegations, we will review in detail the practical aspects of our cooperation in various areas. Traditionally, the chairmen of the five intergovernmental commissions from both sides will report on the work of the five intergovernmental commissions, and our foreign ministers will discuss cooperation in the global arena," Putin said at the beginning of the expanded talks.

The Russian leader also said that he and Xi Jinping held an in-depth, meaningful exchange of views and outlined plans for future work during the narrow-format talks earlier in the day.

"The governments of our countries are working effectively. Systematic measures are being taken that will increase the level of financial and technical independence of our cooperation," Putin added.

Key Agreements Signed

Joint statement on deepening comprehensive partnership and strategic cooperation, marking a new era.

Joint statement on strategic stability.

Memorandum on cooperation to combat infectious diseases.

Agreement on promoting and mutually protecting investments.

Memorandum on cooperation between "Movement of the First" and the All-China Youth Federation.

Memorandum on collaboration in creating a lunar power station for the International Lunar Station between Roscosmos and China.

Memorandum of cooperation between RT and China’s Media Corporation.

Main Points From Putin’s Speech

The negotiations took place in a warm, friendly atmosphere, were substantive and productive.

Relations between Russia and China are self-sufficient and independent of global trends.

Both countries will continue efforts to integrate the EEU and the Belt and Road Initiative.

Russia remains one of China's key trading partners.

Significant progress in investment cooperation between the two nations.

The majority of foreign trade transactions between Russia and China are conducted in rubles and yuan.

The trade system between Russia and China is resilient and shielded from third-party influences.

Gazprom continues to meet China's needs, exceeding contractual obligations.

Large Chinese corporations in the automotive, microelectronics, and home appliances sectors are expanding their presence in Russia.

Progress is being made in developing and commercializing the Northern Sea Route.

Putin and Xi will personally oversee all major aspects of the Russia-China partnership, both bilaterally and internationally.

Xi's Main Points

The importance of remaining reliable partners with Moscow and increasing strategic interaction.

The negotiations were thorough and productive, resulting in several important agreements.

China and Russia should work together more actively in the UN, SCO, BRICS, and advocate for multilateralism.

Despite international turbulence, Beijing and Moscow will maintain their commitment to eternal good-neighborliness.

Coordination between China and Russia brings stability and positive energy to an unsettled world.

Joint Statement Between Russia and China

The Soviet and Chinese peoples made a historic sacrifice by defeating fascism and militarism for humanity’s sake.

Moscow considers the Nazi extermination of Soviet civilians to be genocide against the peoples of the Soviet Union.

Russia and China are responsible for preserving the true historical memory of World War II.

Both countries will continue to oppose neo-Nazism and attempts to falsify WWII history.

Russia and China express gratitude to the frontline soldiers and homefront workers for their wartime heroism.

Moscow and Beijing agreed to fight against any discrimination of athletes, protect Olympic values, and uphold the principles of fair sport.

Both nations are committed to countering Washington’s "dual containment" policy toward Russia and China.

Nuclear-armed states should abandon the Cold War mentality and resolve contradictions through dialogue.

To resolve the Ukrainian crisis in a long-term manner, its root causes must be addressed while respecting UN principles.