The End Of The Petro Dollar? China Russia Ties Highest In History

Original Russia Today

Russia-China cooperation has reached its highest level ever, Russian President Vladimir Putin has said in an interview with Chinese media on the eve of his visit to Shanghai, where a record package of documents is expected to be signed by the two nations.

Below is the full transcript of the Russian president’s interview with Chinese Central Television, Xinhua news agency, China News Service, The People’s Daily, China Radio International, and Phoenix Television.

Question: What are your expectations concerning the upcoming visit to China? What results do you expect from the Summit of the Conference on Interaction and Confidence Building Measures in Asia in Shanghai?

Vladimir Putin: I am always happy to visit hospitable China. It is a pleasure to see how our neighbour is transforming right before our eyes. Shanghai is a vivid illustration of this.

Establishing closer ties with the People’s Republic of China – our trusted friend – is Russia’s unconditional foreign policy priority.

Now Russia-China cooperation is advancing to a new stage of comprehensive partnership and strategic interaction. It would not be wrong to say that it has reached the highest level in all its centuries-long history.

I am looking forward to a new meeting with President of China Xi Jinping, with whom I have good working and personal relations. We will discuss how previous agreements are being implemented and outline new objectives for the future. I am sure that the upcoming talks will give a powerful impetus to further strengthening of bilateral cooperation in all areas and deeper coordination in the international arena. The summit’s results and future plans will be reflected in the Joint Statement by the Heads of State and a strong package of documents expected to be signed during the visit.

Russia and China have actively advocated establishing a new security and sustainable development architecture in the Asia-Pacific. It should be based on the principles of equality, respect for international law, indivisibility of security, non-use of force or threat of force. Today this task is becoming increasingly important. The forthcoming Summit of the Conference on Interaction and Confidence Building Measures in Asia (CICA) serves to contribute to addressing this task.

CICA is a well-established cooperation mechanism. It has been successfully working in such spheres as security, new challenges and threats, economy, environmental protection and humanitarian issues, all of which are important for the region.

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