Vladimir Putin offers China affordable energy and advantages for investing in Russia

The Russian president, Vladimir Putinoffered this Friday to China the ability to supply it with affordable energy, in addition to giving companies from the Asian giant an environment with advantages to invest in Russian territory.

“Russia is ready and able to continuously and reliably supply the Chinese economy, companies, cities and towns with affordable and environmentally friendly energy, light and heat”Putin declared in his opening speech at the opening ceremony of the 8th Russia-China Expo in the city of Harbin (Heilongjiang, north).

The Russian president also highlighted that the alliance between both countries in the sector, which he considered a “reliable support for the global energy market”, will continue to grow in the future.

On the business side, Putin I affirm that “not only say hello” the interest of Chinese companies to produce in Russiabut will also offer investors “economic benefits, assistance and support”, in addition to the use of the country’s technology and access to its “highly qualified personnel.”

Likewise, the Russian president once again underlined the successes of trade relations between Moscow and Beijingat a time when both countries are subject to economic sanctions and tariffs imposed by third parties, due to the war in Ukraine for the former, and for commercial purposes the latter.

“I think we can be rightly proud of the results of Russian-Chinese economic ties and of the Russian-Chinese economic cooperation”, he declared about the trade exchange, which according to Beijing last year was US$240 billion.

Putin recalls the “Brotherhood” between the two countries

In his speech, Putin He also recalled the “Brotherhood” between the two countries in the face of external enemies, in a framework of growing international pressures on both nations.

The Russian president highlighted the participation of Soviet soldiers in the liberation of China of the Japanese invasion in 1945, a day after meeting in Beijing with the president of China, Xi Jinping, in a face to face that dispels Western hopes that Beijing press a Moscow to hit the brakes on the war in Ukraine.

Earlier this Friday, Putin laid flowers at the monument to Soviet soldiers who died in the battles for the liberation of northeastern China.

This is the second visit of Putin to China in less than a year, after his trip in October 2023 on the occasion of the III New Silk Roads Forum, which some analysts consider a new sign of the growing alignment between both countries to continue their businesses and promote a new order “multipolar”.