23/05/2023
📰 Russian 🇷🇺 PM arrives in China 🇨🇳 for business forum, talks with Xi 🤝
Russian Prime Minister Mikhail Mishustin has landed in China, according to Moscow's foreign ministry. His visit will involve a meeting with President Xi Jinping and the signing of several agreements on infrastructure and trade 📜🤝. Mishustin arrived in Shanghai on Monday, receiving a warm welcome from Moscow's Ambassador to China Igor Morgulov and Beijing's top diplomat to Russia Zhang Hanhui 🛬🤝.
The Kremlin stated that Mishustin will participate in a Russian-Chinese Business Forum and visit a petrochemical research institute in Shanghai, along with engaging in talks with "representatives of Russian business circles" 🤝💼. Bloomberg News reported that the forum has invited sanctioned Russian tycoons, including those from the crucial fertilizer, steel, and mining sectors, as well as Deputy Prime Minister Alexander Novak, who deals with energy issues ⛽💼.
Russia's gas exports have experienced a significant decline due to severe sanctions imposed by Western countries following Moscow's full-scale invasion of Ukraine. However, China became Russia's top energy customer last year, offering a boost to its exports 🌍🔌.
After his stay in Shanghai, Mishustin will travel to Beijing where he will meet with Xi and Premier Li Qiang, as reported by Russian state media TASS 🛫🤝🇨🇳. China and Russia have strengthened their economic cooperation and diplomatic ties in recent years, with their strategic partnership growing closer following Russia's invasion. China, though claiming neutrality in the conflict, has refrained from condemning Russia's actions 🤝🚫❌.
In February, Beijing issued a 12-point paper calling for a "political settlement" to the conflict in Ukraine, which was seen by Western countries as potentially allowing Russia to maintain control over much of the seized territory 📄🏴☠️. During a March summit in Moscow, Xi and Russian President Vladimir Putin signed an agreement ushering in a "new era" of cooperation, while Xi also extended an invitation to Putin to visit Beijing. Just days earlier, Putin had faced an International Criminal Court arrest warrant over alleged war crimes in Ukraine ⚖️🏴☠️🇺🇦🇷🇺.