Russian-Chinese talks 2015-05-08 14:10:00 The Kremlin, Moscow Vladimir Putin met at the Kremlin with President of the People’s Republic of China Xi Jinping, who is in Moscow on an official visit at Mr Putin’s invitation. The talks concluded with the adoption of a joint declaration on deepening comprehensive partnership and strategic cooperation and promoting mutually advantageous ties, and also a joint declaration on cooperation in coordinating development of the Eurasian Economic Union and the Silk Road Economic Belt. Mr Putin and Mr Xi witnessed the signing of a substantial package of bilateral documents. They include documents on reciprocal operation of the Chinese BeiDou and Russian GLONASS navigation systems, cooperation on exchange of data from remote Earth probes, a project on a cutting-edge heavy helicopter, and cooperation in ensuring international information security. In the transport sector, agreements were signed on forms of cooperation and financing models for the Moscow-Kazan high-speed rail link, the Moscow-Beijing Eurasian high-speed transport corridor priority project, and projects to build a railway linking Elegest, Kyzyl and Kuragino to the Far East port. In the financial sector, agreements were signed on expanding Chinese banks’ possibilities for extending credit lines to Russian companies and on avoiding double taxation. The China Development Bank and Russia’s Sberbank and Vnesheconombank and the Chinese Export-Import Bank signed agreements on providing credit lines. Russia’s Gazprom and China National Petroleum Corporation signed an agreement on the basic conditions for gas supplies from Russia to China via the western route, and Polyus Zoloto and China National Gold Group Corporation signed a cooperation agreement. A number of agreements were signed during President of China Xi Jinping’s official visit. They include an agreement to promote the Russian Sukhoi Superjet-100 plane on the Chinese market, an agreement on strategic cooperation between Gazprom and China National Petroleum Corporation, an agreement between Rosseti and China’s State Grid Corporation on establishing a joint enterprise to carry out electricity grid projects, and a cooperation agreement between RusHydro and the Three Gorges Corporation. Vnesheconombank and China Development Bank signed a framework agreement on cooperation in joint support for developing the Far East. VTB Bank signed a cooperation agreement with Chinese export credit insurance corporation Sinosure, an agreement with China Development Bank on opening a credit line to finance trade operations between China and Russia, and an agreement with China Export-Import Bank on opening a credit line worth 3 billion yuan. Russia’s MTS and China Development Bank also signed an agreement on opening a credit line in the yuan and ruble currencies for a total amount equivalent to $200 million. Other agreements concern implementation of a project to produce electrolytic metallic manganese for producing special steels using ore from the Usinsky field, inter-regional cooperation in the timber industry, trade, finance, and investment, cooperation between Roselektronika and ZTE Corporation, as well as cooperation between Yug Energo and China Export-Import Bank and China National Chemical Engineering Company. A memorandum of intention on science and technology cooperation was signed between United Shipbuilding Corporation and Huawei Technologies Co. Ltd. Mr Putin and Mr Xi made press statements after the talks.