You are currently viewing Expert explains why China wants to strengthen strategic cooperation with Russia

Published:

5 Aug 2022 13:19 GMT

Among the objectives is the need to ensure stable Chinese imports to Russia and prevent energy supplies from Moscow to Beijing from being reduced, said the analyst at the Russian Academy of Sciences, Kiril Babáev.

Chinese Foreign Minister Wang Yi said on Friday that Beijing is willing to strengthen strategic cooperation with Russia during the meeting with his Russian counterpart Sergey Lavrov in Cambodia.

In this regard, the director of the Institute of China and Contemporary Asia of the Russian Academy of Sciences, Kiril Babáev, told the Russian newspaper Vzglyad that there are two areas where Beijing is interested in intensifying its collaboration with Moscow: politically and economically.

“In the framework of economic cooperation, the parties agreed reach $200 billion in trade by the end of the year. There is a lot to do for it. First of all, establish stable imports from China to Russia and prevent Russian energy supplies to China from decreasing,” Babáev stressed.

In this context, he stressed that the Japanese authorities’ course of cutting economic ties with Russia may open up new opportunities for Chinese investors and corporations. “Tokyo he is very jealous of this, but he cannot do anything about it, since he is under intense pressure from the US,” said the specialist.

Politically, both countries are members of the Shanghai Cooperation Organization (SCO) and BRICS. “Both organizations show a good dynamic of development and strengthening of ties between the participants”, stressed the expert. In this sense, he indicated that Moscow and Beijing “must contribute” for the SCO and BRICS to move to “a new level of development” and commit to guaranteeing “the stability of cooperation in Eurasia in the case of the SCO and, perhaps, in the whole world in the case of the BRICS”.

Babaev believes that the nations of Southeast Asia perceive “positively” the deepening of cooperation in Eurasia, because it serves the interests of all. “Countries in the region currently cooperate very actively with both China and Russia,” the analyst emphasized, noting that most countries in the region consider themselves as friendly through Moscow.

Source: Actualidad

Disclaimer: If you need to update/edit/remove this news or article then please contact our support team Learn more

J. A. Allen

Author, blogger, freelance writer. Hater of spiders. Drinker of wine. Mother of hellions.

Leave a Reply