Russia Secures Energy Deals, Talks Security With China as Putin Visits

JFIF;CREATOR: gd-jpeg v1.0 (using IJG JPEG v62), quality = 80 C   %# , #&')*)-0-(0%()(C   ((((((((((((((((((((((((((((((((((((((((((((((((((( " }!1AQa"q2#BR$3br %&'()*456789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz w!1AQaq"2B #3Rbr $4%&'()*56789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz ?ֵ]bJrm`g5T~()Y-DӼsoa(NQBֲ@d?uyt8x:n4guU5K(쥷d0Wuѣ(k\~P{ZŰʜ-i+ 6SGYIa{$<QUEw>'Ni2 px$W ^ }f}F+sk ^P8&fjZY&ahN!Vz[)&.y9glȬǿj-~j܊e,:Up Y:kN`Cg(f 25Ԛd0F69aGi]ARy֬X!ǭfd[ ۤ?B\Ks w^A^=_'4Tj''c s+8kڭ'ѷT#0~~E+KJHDqD. s:ϒ uYRjegNM}Fy1HX[4#^ JZА5Tj"zvH =i=jLj@j5h)X29S-PkH/N]}k+?k7:ofd#=Gq_`x?_oj_sʞw0)sfuѩuQMqk?ZZu,2 ~ej!YqY d1]Kڃ[Dv{n7>5n)Gh+ Mc Pir=*CpgiWbI^M$ p}M Ju%%!I74XPJ7S篈m٥:NzUej,+*wֵZkb[t/7J ZkQ/JqqM}⭧K,KsVNRҾ𭅺cW)HJ3FU,srI!?vyn;ȩK4nx*ʹ+%.r=kt%zLJ!6we5"EP+.;aitWDQU :Wf9O-Nax㓰~䢮ΉMA9Kcc?o׭#*s~~g*|wn%yGa@\+1yF^Wc"Y! x潗RӆjNyt?/8 T!Y~WѥG8Қk#&hyqɮQէV5{1jn荪3RQQ {I"Bō횉a\GC*FP=*}7>63zN[|x]>2Mѷ`c'WN(iUh)R;- BcFKH4ԣ'dʍHɵ@4@*V˶uU4cT,)"`1Y>-ʍ@k̚G:f8S g֚HHi2)\,)MԙaݩRn,H 5SYH$ex-Թ@mFLY{[̍㷭ɯx3 rY7-ͪsP2j5Jǚzt'4Rnj*{sLaSI,G(IYi`)8fh_; ~̱9h{xckmG&p(wB42QB=kе im4 X`fdܒ[^3ȪSgk9iS)_Htnw4vM vґ5$1aGs[NLQ#娘 Җԅ8 MҺdfz7í=lR;rN+f8s%Wrk6ʕ=HOCOT㊆Il\myi,Nq^_s;;(iKYg[+oP1b+6 1-5 AjRYG;svpz֕u^[՟Y%5]fxeY"b ҥP-sӼB^[cѫ@# ڵֱmd^mzWc•E NE4W5mܴSPu5f7Eo$QZ8r415&2bV2\1)VY4QVSqQC1F[A;z(6mʭ]¯׃UMw%datmEm'v=k⩸:qwl3\Ƅʌ]3z4:́_>9SYz?<tm4djy:{)8ƥT^8>ќgMa`i.F_oyOu%Iglr95xj*5` IAoJ(:Ĥ4`ZM t0pMpGmW`O;ErV|nmIC/=K v3қG,rLrj' ϐҠtɨt-AF0p\:kTv4rzTiO_ΏCUfl/4ӧ[;Z9PYn<֢}JgA- qР+8_:FHm~a%̽ W9prM~ì&#kO֔V@O49w/Zqz\Bƣ4MG@- x3Գ<_.=ERcl䊙eQ_ C3=Vۙ[Ue٪m<3M\ Y<:Ct%bRw?J{16{uQС8%>rUe7/R:cִlGQmxnNFGZ?83rCR |"x>eԗC,y ,~tr*:[xUqU#&M>kVl3֜R>PdVvt-ہբ3\|OWa+JZھƄyơ&X<&>Xs-l|]5R(*-1Q{S ja1XYxʏQE!Zu N AARH 3C3omxF6"vC(kզJbkx/Ĕ Я ]֫^[85\G$ƻo`\L띜Xj*Nhp暉xt& y|ƻo3.+lk*N_N~˚B4#uQ^ V 1i ZAKT!QHzTf5D3TOYKHh-JZkD&;4MU:LҎHh`}|CBe3ҽcNOKR=k럆+>0(ʙs /#ٝTj}u 8\/&3^+8_0/pޱ7ܟ@-D1sLH5i-S]2v^g  Rx훏'Ҁi无eMb_.Sq^ \M'^y6isj"ϒ9'Zi:/R40RE֣cBhqWW6eÂ>"FU&'f~Q"۝ǭ$(X~_ƴbFԃRTbg3}۪zʦ'뺪-_j=3CYf8*TcLy$6=ҫ:dzLL|7" A9<~;zo1 (.OޮK jdZ/`xz E֍v*қ]U>Υ`7ֹ 8\D14V1-BQIk=q aX8ꗴ·R^ Jҵ,ތgX ݅c*J;" $T<9MJW61ҘiFj2yĤ(♻BԬPWxIDk*3f&kɤ'. bg]*ڔi0.,}*T6Z=k;V­H:SDF4N5T͂ƙJhb=h{өND %)jӨ 'zSM1”W۟v+\޷˖甽ژb%z K(sRF8MΎU^> n:Tn ƨָn'7&~%F 0sT[20 Nk]X]VwԎ W=TwxkƯyɜcnkKP|&5 #MlG''ԏ=j1ɫ}[BLD&{fDj)íz{QDRK`y1-+]33;cWW:SvMC}ij.KmryɻkT#"-Uަ@5B+FhhEAެ3M/ێ*=fٯ4:>,=*ʌէgs9N./fxes[Jʤ{v ޽SŶ(Baa F:қW2] T,r5;ƹ@=HN{f hd3~"$?JG'`j1[ ҘXT|[qcRcGYM`XE ܊y$'[l*#^+cj?Aቹa\_G! kxZTvpTQ,0 ֏Oє;Jr4CM4(4 90G*JHg"%$̱4C8F6<cjS2*rϭEpYgkܺ?3ib[BJ=*Yy\eڝ)0:Qoo@ 2jKS;kNFigJՉ[9Fp*PCGZ//»pU! E7=f+jqV皢C1FMXlnDάqҾUA93ǥ'd7G5K2Y޽𦝿bR9jO ^V(;( y~+LS䎑w#ԼE,Nʭ\έH1|zzMfmة$R7Vy ~R+ds^c_h$qkҾ^Ƥ1#8fztzTD˴z&IԂbes~(.ݻE"Qp־o[kmHE}' zמb%dԴmrΣ?z2j_pb|wϗZ :N=}=īҥZi֨L{(Ni+G֔|ȘPc4RzC*pj6a1fc4׼QV6_+|vκ&$<),6R>OkVU;3J))¥nHHƖƴnCH4๧E EizӅ1i'?oAHiM4@ JQ@K@(J !C:(49,h+9SxP{TMm8+g]{;t:ʝ{T,LE>$ P}+oOW1:W%,Y,sObI0U'{` eּK2֑GF:*\9WT>T~gz'1O,?uޞ¡y "rF%}WƬF?)x,]Ǫ#uTr2.rjsx6MPt <.SRt7E#kU+8jJ##϶1ZK9{e" s^TO ݮx9) Aik=6ySymszs֝Ԋː79*mscZe_OcWlml,q [mȑGw:ej]VMjtJz }q^XkLW7𬶓@5;_jwV2{pqܧCKxG9s*1Ҝ+LE-Z)S"Ju6 Nƚccte#kO̹lodwҽ[jWϾ6>'|YƽvFk.'챜i+CϚfDx-Lc_8wV/77R"s7_fdVLڸy&yO_^"kh0Uyf`Xڞ `үoi; b9$[JH5+(qZ++r1޷5 :iF9FӼevU,hsƍv2Hc(dNqfbմDV 6;5G\R2<Ƅd}qWt[5]ĦDΧL)co5^JZJͰ(*7 lsX$>)kNWJ/&`Oҽ 'm̌qrofyvSܾXjn#ࢬ h )1N )h`ZL}(V=*%'5%~H~܀M8CQL@)aE&haIKJCM#yE&4fnT+ҺZ=֎q nʕK|VGȂ[ɮHV$*1H27S*F0ƬEGwhzSL)|W58oyxW[wNYȯ>j}GGSYK|5_V I'V Y4a ~Yn}é9hN_Ÿ~j1=vH1|u=[C~SYWִd}XetPZ6{%=e6PfS^*"jiN=j9!HyOZ{j3HcXJa4&Z_qT`⭩$ mIVI[4O WS_Z۹?ʙ Mbs1ϵwahꪩ_}bxR6v1*}.V2aЎőQ#cېwɭixFKaNArOp@&Ez.wMhKZ6~ %H,]iv^K`|sL,Lq9 TAKyR6n h|瞵/Aly;) sCM1^$vTiq$늨WqtTBZlqcWhkZU֏{kA$gt=O"늣nOsﰊ ? IJigJlXv9eGq팻S'cSm/6#> `z3Xݞ 9_OS)U;P$u-{ó^* OF_{:ĒJ{az/tQ]\Um-!v%>U㧾i :rh;y<]Zuj}6HUȇc֬ҺxUr"ג.kYt*͟/^1Fөu8SV L␌P(4!4Icw˽']}VϜ;My:*ŞM1ݐ)khP74%a a\5}'Y D%5BaY=B65 jF @FOje!Nf:f*bej欥1 vKl³gcx`bcTUܨ8e]+kw *1Mi|zPfm9KUR(QzH퀧`U'*RkTtgH 'c$MS:wQHeipfsve[MZWg'@ZI)WaV`^s=8_P|JǬoiY:<{9.bX?C޷/f8S4QF@>x._ko(=^zR~POkԻTܓZwc;1Y>&M,5EAq @7FiOjG>.*}n܌tA][-mkTr8qTҢYLSqG־5WGU(8M[vqH{tX IWH J%.*r7jJx]s%5qVdR:"j aZn UV< )M "<մUX[Jb$*#ԭңFn.{<wSXK`k#J2vPG#BFc3 !SVN*ؓnyZm+*,{Vjxh&[nzU[xcnӊ `][!u@W?Ccue|Zw9TvCXҍ٥?55"Naӯ  G@+ƾ&/K(v>:48-j+?ڇڞ/`tl{vFd6*mNSԮ$.neioVcUWR4A=P5+nst7`A5_J撳=|wEB.]}T楉0#y01}uZ^ݐ#Ԃ}^#}z:즫}Ǩf]DqsH+ŕ>Wf2\&Ou#1:HJPsɥ({렋e>EV ։]=U RQ@+MTh|aS}!? ƹ+d)U+HdWa{ z?&}_^JԢ_NIFhX4f)i~L~--  HpH - ))i-  hRM] œzP4I\nwHx1-gU'jǛ Q.0lE φKa@;;r+hձ]jL<<ظ\ꮺjѪ k> 8бsA{Uָ_7']x:ުN~E<PՂikX#1Rady}k<+Z>-i*WSuP}WV27'6gzF<+Hܱ=pJ5[{.m&)}+|FH-Aɴ \z<5xHe}Pa??ꥎ4۱K9w50N߅(,V?xouIo{m%:G\=WUxJ&. zM2 BY>D psޭFv5/Z Hs9+&yYHO'NZm8W#$^h4fDN-8UEҀɥ4@E:5ԱsM {tUȫݜ?;IZ+|3~WEvas8rb/6}J/Ry&O4b3na\sGf<"ҩV5Nc^>+B?ZCP5"ڢ5#TDXG=GޤdՄՄ1vIU"1n&ڭ3>dk|Gs|Y]| J컞6ca>~UlՇ%\5η,@MeO1=M$KOZ`iV~s_$K/=̒.5~ j8WTlڽJ|?ҵWOoH1OT*WG=,Eݙ[/LѲnb織H,kF-][\n3෇}DqYH=ޥnHܗӌWYE ߠ^#C5$qL/Z|ZpItN)U_4>)kZCRx~OW!Dѯ5 mkM!8fMkWڝ멚V[=)iM0SZ0qJP2S2MXVJi H ֝*`;nԢ\TTN˅Iw m>Y+=COpfoOZ7 /*7s^N#*W2sҳ9-gYRnS)"#(KJ"V pwLFzЊbtwźomcq] 5 u12֍Xnù>#@gCAvM8H/t>=:&K%Q+wG*F{ _q^',u>&SW?\B{zcU 8Oo<8ybwufc+=Q_bm FA\5ۻ!ʱ ~#HМvF!rQqEOJϑO$Ycz t]lT4CiE6+8S=j#QփґkA)F9TiG-1 )qJ9UXCɩP`S:THUnZ<[7;/"; O95Ukmps^g'퉜nZ[-VuGv> Rbura) 4i=FeݗTՉ*g"]M)iFƘM E'֐ ze923@: hLW3Imp,lkV{2#By^K,KI5exԓ$g4._KWrM#<'$F|XkD~~n:25G<(Bq\Lui| 'b~'6I#^>^G:T+AQb/#6y'nx+ƺ9;d `r{z/ i73ݡ蹥a@|>~=9n41]*5=x('ӼgḮP܏J»;=~H#u)QS}})xv<_4k? ɉϸ"SŇ8kkSjb/o/ʿL5֩hHpӽ>J5% z%0 88ylRޡiH4)pN3Mb^AzToHeXKIcهX;RE+ 5콜՝=_^6oRV>1ҧ[~u-L"M5!ZkJq*ٛb|r޼DhdaS+[_qw־e?M-#okX3KIE}g Fi3Eh_EP1E-4Rfi3Hc4zdj1P ӚX)C?JFQǨVEZkm$ m5Vz7Ag\GW}~1ⴵƺt'!v"KT~G8OE7Ps-̅V|H38ErY?RInޘzL*љ*R)qL Sڬb‹PÏGEh*Rh>xE/S:37t?] x70O Uq_*Uii϶Fk+ 5oYi|+8o(IN[=e\(8í@kU`sVN pRF5Qh9j)ƛҔUz)3L^MN8Z;E"M'-OVJSU11T5RQS*iSnAº&FnԯZ!/Wc]ǂG=ڸ0#z/f#y-ȡ|U#RJ7J)ϹVCV@HƔauҭ&J:TLLu6D3~U¨y>|Y,] ¶zlJ]OdX]YGEdQJ:a4?!ӊdG@˞|}ͿWΞ!%Sָ6XF_'רfںvlT:jZɝ5zG ;oơ[Ic|Hs50W?EǁU GF?>[yLKazh]~?|>QyEH˷Vw *wh6lc g⵳i|g aM'F>^r`ǚBRMG#s[BK`TE*"y50%HNCP89EN/cLTu5BYn \f5u O zoYSd98\ȉKOZM\idFTG>*iFz+t^c$GKIK^(jӪИN\1N0)OQK$y9xyNNc )*ja@xU+\cTn556*r=kBIXڳ85h^yk_FVGEtc[B]Ms^'o#ru,+A_?Gp '5RnչQa+g"N&sQ9CiozUNQ%NeX!yd8D5x?^46V?R;xJY_C.^y*CKlE=>qJ*I9v-8upT@7ܧS&?-=W֙yq,?%_hS[C | ;X}~}φJ^+ySHҶВOk=\gș տ vG]^m6wXc6{,4ϱiF0LVWg5=\mJ _JM$<ř'$ګm4 Zɘl7 A)(RQsL9'B.<UўNo~-Wbxe8xMI)Gf~[88IJE:kP) 7!JrC*TZc'JZ:K8n5A/c)'oҹxk\'BM!5)4NZ!T86]OʟA]o/fzwU,sWѲu_\Um  pA5}z Ϙ2*G({'2J;E1 ޢD]|+Ѵ(eW85YwT ˜wʹ- WM/?̚ dgeQ~QO}Om.@#0[d}k}R@|BYҷrp?gO2FLV.G'fO/|=ɉoeDf,AQs9Wd| RZou+qu+Lt{ڳ 抴yêۍ*($)Գu4F*LLSJzZJZ$QN34LDNԣZb,GҦ%=j57<ҷNi"2zT ֦THd2{UY":注 f]R!V*+=`;&J6ŵq^!הQʎ@zlS_՚mZ`ٷI S 4 ;I%%8'9~c<6ܽn|ۧ?&}> JHُKMOZ՝q hޤȏW|oH_]N7e yi[sۼ5~5Z|s @~YB>.z~cK$l::M(J[B)ĚaHSM.) D)\cH  iie=hTZ:E"uҡAS1֧S2Vߺwɮsָ\/,gy \/#`f[#_*8UU_Ud-!jВ3֐uhHdRfJ}R%zqWT'k:>㩦ijF&qޫ[6B^[m<9kZ(#'v<"jd5 NxyeuPKk5+f} j"\8s ʎ=GE՗ jRQ'< 5=rl`=Uv y8GQ_CCJ]?>gxci}sQ<0,L ǡe*;ME+z;CSH= 4ڛ(1)W Ι \'h>-dp9?Ss,9SkaLTU=dmT@KJGq@PZ921ڤF}j"1OSބBbF )֬r*clEޫED˃@Ή![k&I5lDO2y`i*2٦ҊhSB$Tji;AP iIA4A=:Q%J'AS@a8L -1-r=IDЉIGMsvu55j1?6%͎R^'SӮ CRM*]6biku>x14õGsF("fU`v"邜(wPH0ý"g94<ԛ}(Sቮ$ #&^…ڥMK3OPzkAפG*GY=(U gO[rT~ySijwA&rOO@ǃ5 V_L=<;Xܣ pEX^M3aTcӃ_b誱i-z4KMnsCzץ j9.Ow@Ү5J?,K!\"$ج! ^AKwqskQ/yFp+ED|=M&șmܩs8 ě8D³ό] 6J%nӎGE^/SMNۄ?WpIyKԠ?e 0>3F;ȚT?4rVQE\E:n BT{OEMtqkƋgc6.731X:o5>tFx_|uZD}Ը /&ΫV <ƹ8!Lqѓ\Ԓ~MF[-ֽX 4֪VI.U'2#{UQq@zU֭ds4iydxPJaz.I!8>=ih>p8][ffn{qS5J4{=*+?{sN*I]2R'i_Q3MO5fb!^gڸMJpI4 CZ*5OxSsk`杷&HӂԘ"JI@N)jb*) Ї!Aԁ&3R*ȨpjaҨ*JP(xaTMPm6^/o:ꉮG-tGL/|e/~?|6fG5ƏXp)P0N)8PQ<{ u(`hZ:J*TEJEhPR%ZS9i:zv,P\+GTjE;TBz y|D3r3Rj#5ys֗=sLPRTrtg&p" iNZ-p[Um>[h_KBΜm1T?x<⧌iN=sQҢ5@4 SF՞PMWvS@+9J֣phJrJpiN'zWM5;(gjj`E05qSE@ij%f&exqqN^MM$nTא`L%O֩Lp4/d݊KVjѵm^ P.3ѻμZb@̀\Ts 7۹ؒЮ=k:o|O .d41: =j٣ȿrU< v-xKhi*~L2,6H׸HԚ^Tp{ uCl ouA^N8Re*`8c7jF5zʣטgɫ {j%)4+>p}M]q`AUȡܚ)ivS P)qH)hI M4i@=-z`%XH DIEOZV@i]XVc ZiBCO犖4w~ nߏk3ñz-֕|.|r^ N>Kp jbE(IN!O&4L 2 q٧ e9i jTTYN}*t<- xQx4 Vd8#*Hm8AS\C?)}v5duC W|J7O)$8׮Ǥil\w( MPaTa,/'}>%OWij7,Zȣ6ֺ?5ۿ؏\i-\Ƭ􎇩%gy?= ;+k%k F='ji&ܝ劲5:*2JjjBf:*5)ݩ5bK@=j0iHJfJE:YHi٦ \P9j^aq2Y>.UWyk+z)[-,^zv̩ f3RQzgGȼՉMJvQfL \ih0ԊdbƐi1R@ NhQ[ 8>+Vׄu.}Y5NOiR4֙%|jԏ'Q?1O4Zrx#Icɹ+y*u_m+t<7GhnOWLv(aK9ngooj嶏ZqoeR?浤8]u*8,='xSK6#⸍CMKKC {s+n]ȯ[%>[/3̭c(sS^v8 xV)\ RAcW\km5r$mM,53TRW'B6qYs\EJu uflJ2z!t=~IۃEhz'<ƳűYTSjFi .i2$SR J:JCLX) <=G:+5-H~ 澣 (#\غ &iWV)MRNh$FiR LzSI1F>!aQZMFؠZ0뚇%ZHCQ *ja>#I4'<s(9Pb>aS=vt G rx-H:U"DAHN))ZaRQEv E & r` CDSGU֧CZCVRht4xPרj)<܅6+\0Gc\ {rOI~Toҟi+21PiAZ'2g~]KK=iQz?Qe5f#UqLW-NZ7Ċ,Czk7FmQ95:#&@5P4l2RkK}A{z~oގh$O^e6dRC'z|(w\kt .7Zs]h7ldIYNjqT_.BsRjjX54x$ J 2iJ*+S%RBET<4A"FYLjG?cnxm=ߺEawJ>2VU_S6kdp4qsM S”`ӁLR@ Ҋ 6 .j59&@ IEj-րy̟kژO5\TgPʯaSX?Fm]w4E*J()-XsUY)v PGS F~h74H`ƢniL"_vc?J~980թEyST!FLQT^+s9P>j+?(9cig"jPm!n3RHr LRiE8 Ni!HRb4:E!&Y@mxMsD}s⿃/Fzo//iiW2d5a VCS2.L iJ\yznM>DC˹o_?f"D/KMijoVRiw9"Gzi(5d9Ӆ 9%iާK㑊cBH< }dnIVYOJ{* < D jÖJjh"&-V)♢$)h@_fZ> ,ه(;щzP(㏠ Zbi)h3NE:)hBhR1ӡbiSDQHRE144y`Z~aQS'Rf#<_S)do޺ fA)+ nzT_%(#Q(=E;ahO4()v;i3E )Š(hE%](.%5 9D8SIP1Es-aԒhpjRqN_9LTPEZhUNz (:QE!R6843M'(4(hzU)V/ΧΚ"+O: (#A4QMJz( /EWi 'h95NPNh,GbzQ_YUL=<)bT a_Ѧxn3ɢҺYmM4w60í9NWMZM#$FRū870&&"4QYc6GԂ(FlxR֊*\NQA$5P3͙ipW ?;|$Q]EBL"(P1h)(h#z4HEcZN14)Y\gr"ȢTj9Ujj 4V"՛CT`@/')0D1g͜pV20sxQRt!œ(д(Ij(q
Warning: fopen(https://newsweekme.com/wp-content/uploads/2016/06/2016-06-25T141858Z_1242273407_S1BETLYJREAC_RTRMADP_3_CHINA-RUSSIA-780x439.jpg): failed to open stream: HTTP wrapper does not support writeable connections in /home/newsweekme/public_html/wp-includes/class-wp-image-editor.php on line 428

Russian President Vladimir Putin (L) shakes hands with Chinese President Xi Jinping at the end of a joint press briefing in Beijing's Great Hall of the People June 25, 2016. REUTERS/Greg Baker/Pool

By Denis Dyomkin

BEIJING, June 25 – Russia and China sealed a raft of energy deals during President Vladimir Putin’s visit to Beijing on Saturday, strengthening economic ties while pledging to preserve the strategic balance of power among nations.

The deals involve the sale of stakes in a number of Russian projects to Chinese firms, an oil supply contract and joint investments in petrochemical projects in Russia.

Rosneft, Russia’s top oil producer, agreed with China National Chemical Corporation (ChemChina) that ChemChina would take a 40 percent stake in Rosneft’s planned petrochemical complex VNHK in Russia’s Far East.

The deal would help Rosneft finance the project and get access to the markets of the Asia-Pacific region, the Russian firm said in a statement.

They also signed a new one-year contract under which Rosneft could supply up to 2.4 million tonnes of crude oil to ChemChina between Aug. 1, 2016, and July 31, 2017.

Rosneft and Beijing Enterprises Group Company Limited agreed the key terms of a potential sale of a 20 percent stake in Rosneft’s oil producing subsidiary, Verkhnechonskneftegaz, to a unit of Beijing Gas Group.

The Russian firm also signed a framework agreement with Sinopec regarding the construction of a gas processing and petrochemical plant in East Siberia, aiming to set up a joint venture in 2017 focused on the Russian and Chinese markets.

Rosneft CEO Igor Sechin said his company did not plan to reduce its crude supplies to China and would defend its market position amid competition with Saudi Arabia, Qatar, Iraq, and Iran.

“We will stick to the volumes we have agreed on. It’s around 40 million tonnes (per year),” TASS news agency quoted Sechin as saying.

Russia was China’s largest crude oil supplier in May for a third month in a row, having surpassed imports from Saudi Arabia.

GLOBAL BALANCE

Although economic cooperation was the focus at Putin’s talks with Chinese President Xi Jinping, the leaders also agreed to strengthen global strategic stability.

A statement on the Kremlin website from the two governments called on nations to strictly abide by the norms of international law, keep military capabilities at the minimum level required for national security and refrain from steps aimed at expanding existing military-political alliances.

The statement criticised the deployment of anti-missile systems in Europe and Asia, saying those who deploy them often acted under false pretences.

It did not mention specific countries, but it comes at a time that Russia and NATO are at loggerheads over the western alliance’s build up of capabilities in eastern Europe, including missile defence. NATO says its actions are a necessary response to Russia’s intervention in Ukraine.

On North Korea, both countries agreed that the stalled six-party talks process remained the best way to achieve the denuclearisation of the Korean peninsula, and that all sides should create conditions for talks to resume.

The countries’ central banks also signed a memorandum of understanding on setting up a yuan clearing mechanism in Russia that they said would be beneficial to cross-border trade and investment.

Social Streams

Comments

comments

Facebook Comments

Post a comment