Putin says Russia ready to strengthen ties with China

Russia is willing to strengthen its bilateral partnership of coordination with China, Russian President Vladimir Putin said on Wednesday.

Putin made the remarks while meeting Yang Jiechi, a member of the Political Bureau of the Communist Party of China's Central Committee in Sochi, Russia, reports state-backed news agency Xinhua.

Putin told Yang that he and Chinese President Xi Jinping had reached new and important consensuses on the sidelines of the BRICS summit in South Africa last month.

As well as the BRICS summit in South Africa, the two leaders also met at the 18th Shanghai Cooperation Organisation Summit in Qingdao, Shanghai earlier this year. Putin then said that he is looking forward to meeting Xi again at the G20 Summit in St Petersburg next month.

Yang, in turn, said that the China-Russia comprehensive and strategic partnership of coordination is full of momentum and acts as an example of a new type of international relationship based on mutual respect, fairness, justice and win-win cooperation.

China and Russia are both facing trade tariffs imposed by the US. Given China has retaliated with tariffs on $50bn worth of US imports, the country may struggle with limited supplies of, for example, soybeans. Russia, meanwhile, has offered 2.5 million acres (1 million hectares) of arable land to Chinese farmers to ease Beijing’s soybean shortage. - gbtimes