Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Araghchi to Grossi: These parties will bear responsibility for the consequences of their actions
Araghchi to Grossi: Iran will respond to any unlawful action by European countries or parties attempting to turn the Agency into a tool for achieving their objectives
Araghchi to Grossi: We urge the Agency to warn against the consequences of any political move against Iran
Araghchi to Grossi: We call on the Agency to highlight Iran’s full cooperation during the upcoming Board of Governors meeting next week
Araghchi to Grossi: We demand that the Agency reflect the facts in a manner that prevents certain parties from exploiting it to advance their political agendas
Iranian Foreign Minister Abbas Araghchi holds a phone call with IAEA Director General Rafael Grossi
Trump envoy Witkoff has sent 'detailed and acceptable proposal' to Iran for nuclear deal; it's in their best interest to accept it: White House Press Secretary Leavitt
Hamas official says Witkoff's position toward group was 'unfair' and shows 'complete bias' to 'Israel'
Hamas official says it has considered Witkoff's proposal acceptable for negotiations, says 'Israel's' response was incompatible with what the group agreed on
Hamas official says group has not rejected Wikoff's proposal for Gaza ceasefire

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

  • By Al Mayadeen English
  • Source: Agencies
  • 30 Dec 2022 14:20
  • 3 Shares
3 Min Read

Russian President Vladimir Putin reiterates that Moscow is keen to ramp up its military cooperation with China.

  • x
  • Chinese President Xi Jinping and his Russian counterpart Vladimir Putin
    Chinese President Xi Jinping and his Russian counterpart Vladimir Putin

Despite Western sanctions and blackmail, economic turnover between Russia and China has reached historic highs, Russian President Vladimir Putin said during talks with China's leader Xi Jinping on Friday, adding that the objective of increasing trade volumes to $200 billion would be met ahead of time.

In a video call, as broadcast by the Rossiya 24 TV channel, the Russian President said, "Despite the unfavorable external environment, illegitimate restrictions, and certain Western countries' direct blackmail, Russia and China managed to ensure record high rates of mutual trade turnover growth." 

He added that trade turnover "increased by around 25%" and that such dynamics would allow the two countries to "achieve the goal level of $200 billion by 2024."

"From January to November, trade turnover increased by 36% to $6 billion," Putin stated, citing "a significant increase in agricultural commerce."

Furthermore, Putin assured that Moscow is keen to ramp up its military cooperation with China, hailing the two countries efforts to counter "unprecedented Western pressure and provocations."

"We aim to strengthen cooperation between the armed forces of Russia and China," Putin told Xi by video link at the start of the talks, calling the Chinese leader a "dear friend".

Related News

Russia, China in talks to expand Visa-Free tourism travel: Izvestia

EU: China-Russia ties threaten global order

Elsewhere in his remarks, the Russian leader pinned his hope on strengthening political and military ties with China. 

"In the context of growing geopolitical tensions, the importance is growing of the Russian-Chinese strategic partnership as a stabilizing factor," Putin said.

"We share the same views on the causes, course, and logic of the ongoing transformation of the global geopolitical landscape," he added.

To put it simply, Russia's shift toward China increased international trade, providing a rising economic counterbalance to the dollar, not to mention curtailing Western attempts to exert economic pressure on Moscow.

"Russia has become one of the leaders when it comes to oil exports to China," Putin assured.

It is also worth noting that the Russian President stated that Xi will be in Moscow for a state visit next spring.

As tensions with the US increase, China's relations with Russia maintain mutual benefit, respect, and trust, most notably after the war in Ukraine.

Read next: Putin to Xi: Russian-Chinese relations developing dynamically

  • Putin
  • China
  • Russia
  • Xi Jinping
  • Ukraine

Most Read

US judges quietly consider private security amid Trump tensions

US judges quietly consider private security amid Trump pressures

  • US & Canada
  • 25 May 2025
President Donald Trump and Israeli Prime Minister Benjamin Netanyahu arrive to a news conference in the East Room of the White House, Tuesday, Feb. 4, 2025, in Washington (AP)

Rift widens: Trump, Netanyahu clash in heated phone call over Iran

  • Politics
  • 26 May 2025
An Israeli army vehicle moves in the Gaza Strip as seen from southern occupied Palestine, Thursday, May 29, 2025 (AP)

Hamas rejects Witkoff ceasefire plan, says alters terms

  • Politics
  • 29 May 2025
Spokesperson for the Yemeni Armed Forces, Brigadier General Yahya Saree, announces a new operation against Ben Gurion Airport on May 29, 2025 (Yemeni Military Media)

Yemen announces successful hypersonic missile strike on Ben Gurion

  • Politics
  • 30 May 2025

Coverage

All
War on Gaza

Read Next

All
MIT bans class president who gave pro-Palestine speech
US & Canada

MIT bans class president over pro-Palestine speech

Arab ministers condemn Israel 'ban' on planned West Bank visit
Politics

Arab ministers condemn Israeli ban on planned West Bank visit

Major General Hu Gangfeng, Vice President, National Defense University, People's Liberation Army, China, leaves after a panel discussion during the 22nd Shangri-La Dialogue summit in Singapore, Saturday, May 31, 2025. (AP Photo/Anupam Nath)
Politics

China blasts Hegseth, calls US top 'troublemaker' in Asia-Pacific

US activists demand shutdown of Musk's 'dirty' supercomputer: Reports
Technology

US activists demand shutdown of Musk's 'dirty' supercomputer: NBC News

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS