Russia and China signed several strategic contracts

  • Date of Publication : 26/06/2016 at 14:00 GMT
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Russia and China have signed tens of strategic contracts in investment and energy sectors. The agreements were signed during the visit of President Vladimir Putin to Beijing.

The Chinese President Shy Jinping said: “the economic and the strategic relations between China and Russia will be strengthened by signing the agreements.

According to Putin, the total contracts and investment of the two countries will reach to fifty billion dollars.

He said the contract have been signed in 58 different categories between the two countries.

One of the most important projects is to build a petrochemical manufactory by a Russian company “Rosneft”, with the cooperation of a Chinese company in East Russia.

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