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02:16

Russia: Putin and Xi talk business at SPIEF 2019

Russian Federation, Saint Petersburg
June 07, 2019 at 12:28 GMT +00:00 · Published

Russian President Vladimir Putin and his Chinese counterpart Xi Jinping talked about boosting business ties between the two countries in at the Second Russian-Chinese Energy Business Forum in St. Petersburg on Friday.

“Here in Russia we highly appreciate that Chinese business is ready to cooperate. And we are interested in increasing the presence of Chinese companies in Russian trade,” Putin said.

The Russian leader confirmed that Moscow is ready to support Chinese investors by creating “special conditions” aimed at helping them to “save up to 30 percent of capital commitment thanks to a whole range of benefits.”

Xi Jinping called said that relations between the two countries are “important for Chinese and Russian businessmen, who will be able to take Russian-Chinese cooperation to a new level for the benefit of both countries.”

The annual St. Petersburg International Economic Forum runs from Wednesday until Saturday.

The forum brings together the heads of international organisations, well-known public figures, leading academics, experts and the media.

02:16
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Russian President Vladimir Putin and his Chinese counterpart Xi Jinping talked about boosting business ties between the two countries in at the Second Russian-Chinese Energy Business Forum in St. Petersburg on Friday.

“Here in Russia we highly appreciate that Chinese business is ready to cooperate. And we are interested in increasing the presence of Chinese companies in Russian trade,” Putin said.

The Russian leader confirmed that Moscow is ready to support Chinese investors by creating “special conditions” aimed at helping them to “save up to 30 percent of capital commitment thanks to a whole range of benefits.”

Xi Jinping called said that relations between the two countries are “important for Chinese and Russian businessmen, who will be able to take Russian-Chinese cooperation to a new level for the benefit of both countries.”

The annual St. Petersburg International Economic Forum runs from Wednesday until Saturday.

The forum brings together the heads of international organisations, well-known public figures, leading academics, experts and the media.

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