Monday, June 11, 2012

Russia and China Reach Bilateral Deal on Investment, Energy and Technology


Russian President Vladimir Putin and his Chinese counterpart Hu Jintao have signed pivotal investment, energy, innovation and technology cooperation agreements as the two leaders met during Putin’s three-day visit to China. The Chinese leader suggested that China and Russia expand their cooperation in investment, high technology, energy, large-scale projects and trans-border infrastructure as well as sub-national cooperation. Putin said Russia hopes to coordinate with China more closely to push ahead with key projects and improve bilateral cooperation, as well as continue to diversify bilateral trade, intensify mutual investment, initiate new programs on infrastructure and high technology, and increase exchanges between regions and enterprises. Among other things, Russia and China signed a cooperation agreement between the Skolkovo Foundation and the Beijing-based Z-Park. The agreement marks a transition to full-scale collaboration in high technologies between the two countries.
http://rt.com/business/news/china-russia-cement-deals-investment-046/

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