Moscow: Ahead of the BRICS Summit, Russian President Vladimir Putin said the relationship between Russia and China is “unique” and “confidential”. He made the remarks while interacting with the media on Friday, 18 October 2024.
On the trade between the two countries, Putin said that Russia-China trade is thriving as he emphasised that their interaction in the international arena is a key factor for global strategic stability.
“Russia and China have established a unique relationship, very confidential and the trade and economic ties volume has been growing rapidly. According to our statistics, 226 or 228 billion of mutual trade which is self-explanatory and self-evident. And I want to relate that the interaction of Russia and China at the international arena is one of the key factors of global strategic stability. This is also evident and many nations share this view,” said the Russian president adding that Russia’s relations with China are built on considering mutual interests.
“Our relationships with the People’s Republic of China is built on taking each other’s interests into consideration. We listened to one another like 5-7 years ago, the Chinese leadership, the Chinese political government and I had on multiple occasions had a conversation with Chinese President Xi Jinping, the subjects on balancing trade and taking a thought on what should be done in order for Russian industrial experts to be boosted for the Chinese market and for agriculture too. The Chinese side had relevant questions on energy, on Outer Space Co. And we rectify every aspect, we hear each other. We give each other an ear,” he said.
He emphasised that Russia and China don’t have a hierarchy among them and they promote each other’s benefit to make the relationship a success.
“If you consider the trade balance structure, you will receive an answer. We are not just talking, we are doing. There are no seniors or juniors, we just work to promote each other’s benefit and we are successful,” he said.
About BRICS
BRICS is an intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates (UAE). The 1st BRIC summit was held in Yekaterinburg, Russia on 16 June 2009 with Brazil, Russia, India, and China. South Africa joined the bloc a year later.
(With ANI inputs)
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