Russian President Vladimir Putin said Moscow is ready to increase uninterrupted oil supplies to China.
“China has become the leader in Russia’s oil imports, while Russia is ready to increase its uninterrupted supply of oil for the needs of the Chinese economy,” Putin said after Russia-China talks in the Kremlin on Tuesday. said.
President Erdoğan noted that the issues of cooperation in the field of energy were discussed in detail during the meetings, and that the cooperation is progressing at a “good pace”.
The President of the Russian Federation described the expansion of the practice of settlements in national currencies as a serious incentive to deepen investment cooperation. Putin referred to the statistics showing that according to the results of the three quarters of 2022, the share of the ruble and yuan in bilateral trade transactions reached 65% and continues to grow. The President added that this makes it possible to protect mutual trade from the influence of third countries and negative trends in world markets.
March 21 Putin and Chinese President Xi Jinping signed Joint statement on the development plan for the key areas of economic cooperation between the two countries until 2030.