Russian Ambassador: Nearly All Russia-China Trade Settled in Rubles and Yuan
Hızlı Bakış
- Russian Ambassador to China Igor Morgulov stated that nearly all Russia-China trade is conducted in rubles and yuan, with bilateral trade turnover exceeding $200 billion for three consecutive years and growing over 20% this year.
- Both nations oppose protectionism and have numerous joint investment projects.
Yapay zekâ özeti
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Russian Ambassador to China Igor Morgulov spoke at a Russia Day reception, highlighting the strength of bilateral economic ties. The comments come amid a challenging external environment and underscore the growing cooperation between the two nations.
BEIJING, June 11. /TASS/. Almost all Russian-Chinese trade is conducted in rubles and yuan, with both sides building cooperation on a long-term and mutually beneficial basis, Russian Ambassador to China Igor Morgulov said at a Russia Day reception at the Russian Embassy, a TASS correspondent reported.
"Despite the challenging external environment, Russian-Chinese trade turnover has significantly exceeded the $200 billion target set by the leaders for three consecutive years. This year, its growth rate tops 20%. Moreover, almost all of our trade is settled in rubles and yuan," the diplomat said.
According to Morgulov, Russia and China oppose illegitimate restrictions and protectionism. He noted that the parties have formed a portfolio of roughly 80 major joint investment projects in industry, logistics, and mining.
The ambassador added that the strategic energy partnership encompasses supplies of oil, gas, coal, and peaceful nuclear energy. According to him, transport connectivity is strengthening, passenger and cargo traffic is growing, agricultural trade is expanding, and bright prospects lie ahead in space, artificial intelligence, and other high-tech industries.
Açık Sorular
- What specific 'illegitimate restrictions' are being opposed?
- What are the exact figures for the 80 joint investment projects?
- What is the breakdown of trade in rubles versus yuan?
- What are the specific high-tech industries being targeted for future cooperation?
