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Al Mayadeen's correspondent: The Israeli aggression targeted the Yemeni Oil Company station on Al-Sitteen Street, southwest of the capital, Sanaa, with several raids

Putin open to diplomatic settlement in Ukraine, hails China role

  • By Al Mayadeen English
  • Source: Agencies
  • 20 Mar 2023 00:37
  • 1 Shares
3 Min Read

Russia welcomes the Chinese initiative aimed at resolving the war in Ukraine, President Putin said in an article he had written for the Chinese Communist Party’s official paper People’s Daily. 

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  • Xi to visit Moscow on March 20th, meet with Putin: Kremlin
    President Vladimir Putin attends a meeting with Chinese President Xi Jinping in Beijing, China, February 4, 2022 (Aleksey Druzhinin/Reuters)

Russia welcomes the Chinese initiative aimed at resolving the war in Ukraine, President Putin said in an article he wrote for the Chinese Communist Party’s official paper People’s Daily. 

Read more: China urges Russia, Ukraine to hold talks, warns against using nukes

"We appreciate the well-balanced stance on the events in Ukraine adopted by the PRC [People's Republic of China], as well as its understanding of their historical background and root causes. We welcome China's readiness to make a meaningful contribution to the settlement of the crisis," Putin said.

Read more: Xi to visit Moscow on March 20, meet with Putin: Kremlin

China released a 12-point document titled "China's Position on the Political Settlement of the Ukraine Crisis" in late February emphasizing Beijing’s respect for the sovereignty of all countries, calling for the cessation of hostilities and resuming negotiations between Moscow and Kiev.

"Russia is open to the political and diplomatic resolution of the Ukraine crisis… The future of the peace process depends solely on the will to engage in a meaningful discussion taking into account current geopolitical realities," he explained.

The article was published prior to the scheduled three-day visit by President Xi to Moscow on Monday. 

President Vladimir Putin commended the Sino-Russian friendship which he anticipated will only grow stronger over time, remarking that the visit of Chinese President Xi Jinping will only contribute to that. 

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"I am convinced that our friendship and partnership based on the strategic choice of the peoples of the two countries will further grow and gain strength for the well-being and prosperity of Russia and China.  This visit of the President of the PRC to Russia will undoubtedly contribute to that," Putin wrote.

Read more: Russia-China trade hits new record despite sanctions, blackmail: Putin

In the same piece, Putin said trade between the two countries has doubled in 2022, reaching a record of $185 billion.  

"Our priorities include trade and economic partnership. In 2022, our bilateral trade, which had already been considerable before [sic], doubled to reach USD 185 billion. This is a new record," Putin wrote. 

He added that the two countries were on track to reach a trade target of $200 billion this year. 

Read more: Xi, Putin affirm China-Russia cooperation amid sanctions on Russia

"What is more, we have every reason to believe that the USD 200 billion target, which was set by President Xi Jinping and myself, will be exceeded as early as this year instead of 2024," he projected.

Furthermore, Putin elaborated that bilateral cooperation in the field of energy has successfully developed since the construction of the Siberia gas pipeline, which became the “deal of the century” that prompted a rise in oil and gas exports from Russia to China. 

"Long-term joint plans and programs [between Russia and China] are being successfully implemented. It will be no exaggeration to say that the Power of Siberia Russian-Chinese gas pipeline has become the ”deal of the century“ for its scale. The supplies of Russian oil and coal have increased significantly," Putin wrote. 

Read more: Hungary considers China's peace plan for Ukraine: Orban

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  • Nato Alliance
  • Ukraine
  • Ukraine war

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