China’s Xi eyes ‘closer energy partnership’ with Russia as Putin praises their ‘evolving’ economic cooperation
- Both presidents send statements to 4th China-Russia Energy Business Forum, with an emphasis on areas where they can benefit each other in an increasingly hostile international environment
- Bolstered by soaring energy prices and China stepping up purchasing, trade with Russia increased by 33 per cent in the first 10 months of the year
China is willing to build a closer partnership with Russia in energy cooperation, President Xi Jinping said on Tuesday.
Energy cooperation is an important cornerstone of practical cooperation between China and Russia, and it’s also a positive force in maintaining global energy security, Xi said in a congratulatory letter sent to this week’s 4th China-Russia Energy Business Forum.
“China is willing to work with Russia to forge a closer energy partnership, promote clean and green energy development, and jointly maintain international energy security and the stability of industry supply chains,” Xi said, according to Xinhua.
He said the neighbouring countries have strengthened communication and cooperation and pushed forward major projects in the face of external challenges, and this reflects the strong resilience of their energy cooperation and the broad prospects of a comprehensive strategic partnership between the two countries.