In an interview with China’s Xinhua News Agency, Putin stated that food and agricultural products have become an important and advanced part of Russian exports to the Chinese market. He added that Russia is also one of the most important global markets for Chinese car exports. The Russian president noted that he looks forward to meeting his Chinese counterpart, Xi Jinping, and explained, “I will be happy to discuss all aspects of the bilateral agenda with President Xi, including cooperation in the fields of politics and security.” Putin added that Russian-Chinese cooperation within the United Nations, the Shanghai Cooperation Organization, and the BRICS group represents an important factor in global politics. He noted that he plans to discuss current regional and international issues with Xi Jinping during their upcoming meeting.
On Friday, Russian Ambassador to China Igor Morgulov announced that the trade volume between the Russian Federation and the People’s Republic of China exceeded $240 billion for the second consecutive year. The ambassador confirmed in an interview with the agency that Moscow and Beijing have made a conscious choice in favor of a mutually beneficial friendship and cooperation, and they are continuously working on deepening economic cooperation in various fields. Morgulov stated, “The success of this path is also confirmed by the high indicators of bilateral trade, which exceeded $240 billion for two consecutive years.” According to data from China’s General Administration of Customs, the volume rose by 1.9% in 2024 compared to the same period in 2023, reaching a record level of $244.819 billion. In 2023, trade exchange increased by 26.3% to reach $240.11 billion.
