Chinese Premier Li Keqiang (L) shakes hands with his Russian counterpart Dmitry Medvedev at the 21st China-Russia Prime Ministers’ Regular Meeting in St. Petersburg, Russia, Nov. 7, 2016. [Xinhua]
Twenty-one agreements were signed between China and Russia on Monday to further promote cooperation in various fields, including on high-speed railways, during Premier Li Keqiang’s visit to St. Petersburg.
Li and his Russian counterpart, Prime Minister Dmitry Medvedev, witnessed the signing of the agreements — which also included civil nuclear power technologies, energy projects and linking China’s Belt and Road Initiative with the Russia-dominated Eurasian Economic Union — after the 21st China-Russia Prime Ministers’ Regular Meeting in St. Petersburg.
Premier Li arrived in St. Petersburg on Sunday, the fourth stop of an eight-day Eurasian trip that has also taken him to Kyrgyzstan, Kazakhstan and Latvia. He was accompanied by Medvedev to visit the State Hermitage Museum, a UNESCO World Heritage Site.
The coastal city, Russia’s second-largest, is also Medvedev’s hometown, and the two went there under a special “hometown diplomacy” agreement. Medvedev previously visited Li’s hometown of Hefei, Anhui province, at Li’s invitation.
“Both sides have reached important consensus on trade, investment, education and people-to-people exchanges,” said Premier Li. “There is still more new potential to tap for bilateral cooperation … which is beneficial to both peoples and regional development.”
Medvedev said both countries are carrying out large projects in infrastructure, nuclear power generators and high-speed railway, each costing billions of US dollars.
Both countries will cooperate more in small and medium-sized enterprises, he added.
A joint statement issued after the meeting summed up the achievements of bilateral cooperation and will guide the next cooperative steps in trade, investment, energy and people-to-people exchanges. Additionally, China and Russia will safeguard regional and global peace and stability as well as establish a fair and rational world order, the statement said.
Li Xing, a professor of international relations at Beijing Normal University, said regular meetings allow the two leaders to communicate effectively on major issues and facilitate economic cooperation in a timely manner. He added that China-Russia cooperation is characterized by high synergy and major projects that reflect complementary and win-win collaborations.
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(Via: NewsGhana)