This week in Moscow, bilateral meetings between Russian President Vladimir Putin and Chinese President Xi Jinping took place, focusing on trade relations and strategic cooperation between the two countries.
Trade Cooperation Between Russia and China
The start of the talks was marked by Putin's statement that the Russia-China relationship is a 'fully fledged partnership' based on mutual strategic interests. In 2024, bilateral trade between the two nations reached a record $245 billion, more than double the level in 2020.
Diplomatic Support Amid Sanctions
China has provided years of diplomatic support to Russia since the outbreak of the war in Ukraine. Just weeks before the 2022 invasion, the two countries declared a 'no limits' friendship, confirming their closer ties against the backdrop of growing Western influence on the global economy.
Impact on International Relations
The meetings also addressed joint coordination on global platforms such as BRICS and G20. Analysts note that Xi Jinping's trip to Moscow allows China to reaffirm its close ties with Russia and remind the world of the solid relationship between the two countries.
The meeting between Putin and Xi Jinping highlights both countries' intention to strengthen their relationship and reduce dependence on the West, which could significantly impact international trade and diplomacy.