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<\/a><\/p>\nChina will also invest $5.8 billion in the construction of the Moscow-Kazan High Speed Railway, the Russian President said. The railway is to be extended to China, connecting the two countries through Kazakhstan. It can become part of the route of the new Silk Road project, which is aimed at tying China with European and Middle Eastern markets. The total cost of the Moscow-Kazan high speed railroad project is $21.4 billion.<\/p>\n
Russia\u2019s largest gas producer Gazprom and China\u2019s National Petroleum Corporation (CNPC) signed an agreement on the basic conditions of gas supplies from Russia to China through the Western route. The two companies decided to extend a strategic partnership agreement for five years, according to Gazprom\u2019s CEO Aleksey Miller. The agreement provides for the construction of the first, second and third Altai pipelines.<\/p>\n
Sberbank \u2013 Russia\u2019s biggest lender – has signed a facility agreement with China\u2019s Development Bank in the amount of $966 million. They also agreed on financing an industrial project by Sberbank to the tune of $256.4 million.<\/p>\n
The goal of the agreement is to develop the \u201clong-term cooperation between Sberbank and China Development Bank in the area of financing foreign trade operations between Russia and China,\u201d Sberbank said.<\/p>\n
Russia’s state-owned VTB Bank and the Export-Import Bank of China signed a $483.2 million loan facility agreement to finance trading operations between Russia and China.<\/p>\n
An agreement to create a leasing company which will promote the sale of the Russian Sukhoi Superjet-100 passenger planes to the Chinese and South-East Asian markets over the next three years has been set up. Russia and China will also develop a new heavy helicopter, called the Advanced Heavy Lift. The helicopter will be able to lift 38 tons and operate in mountain areas, performing a variety of missions in any weather conditions.<\/p>\n
President Putin also said that Moscow welcomes Chinese companies\u2019 participation in resource extraction in the Arctic and Sakhalin shelf.<\/p>\n
Earlier on Friday, Russian Direct Investment Fund (RDIF), the Russia-China Investment Fund (RCIF) and the People\u2019s Government of Heilongjiang Province agreed to launch a $2 billion fund targeting investment in agricultural projects in both countries. The share of Chinese investment in Russia may soon reach 20 percent and amount to 40 percent in the medium to long-term, according to the CEO of RDIF Kirill Dmitriev.<\/p>\n
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Russia and China have signed a number of energy, trade and finance deals on Friday aimed at […]<\/p>\n","protected":false},"author":1,"featured_media":1874,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[124,62,1],"tags":[137,45,6,134,71,20],"class_list":["post-2230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-europe","category-news","tag-asia","tag-china","tag-defense","tag-economy","tag-politics","tag-russia"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.ir-ia.com\/news\/wp-content\/uploads\/2015\/04\/China-Russia-Xi-Putin.jpg?fit=690%2C390&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p7jJWb-zY","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.ir-ia.com\/news\/wp-json\/wp\/v2\/posts\/2230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ir-ia.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ir-ia.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ir-ia.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ir-ia.com\/news\/wp-json\/wp\/v2\/comments?post=2230"}],"version-history":[{"count":1,"href":"https:\/\/www.ir-ia.com\/news\/wp-json\/wp\/v2\/posts\/2230\/revisions"}],"predecessor-version":[{"id":2232,"href":"https:\/\/www.ir-ia.com\/news\/wp-json\/wp\/v2\/posts\/2230\/revisions\/2232"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ir-ia.com\/news\/wp-json\/wp\/v2\/media\/1874"}],"wp:attachment":[{"href":"https:\/\/www.ir-ia.com\/news\/wp-json\/wp\/v2\/media?parent=2230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ir-ia.com\/news\/wp-json\/wp\/v2\/categories?post=2230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ir-ia.com\/news\/wp-json\/wp\/v2\/tags?post=2230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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