Russia to supply more gas to China
- 10 years ago
Russia is to supply more gas to China under a new deal between the two countries. Presidents Vladimir Putin and Xi Jinping signed the paperwork on Sunday ahead of the two-day Asia Pacific Economic Cooperation (APEC) summit in Beijing.
It comes on top of a recent $400 billion gas deal.
And last month the two signed energy, trade and finance agreements – including a currency swap worth $25 billion intended partly to reduce the influence of the US dollar.
Putin has said he wishes to bolster ties with China to avoid isolation due to Western Sanctions over Ukraine.
It comes on top of a recent $400 billion gas deal.
And last month the two signed energy, trade and finance agreements – including a currency swap worth $25 billion intended partly to reduce the influence of the US dollar.
Putin has said he wishes to bolster ties with China to avoid isolation due to Western Sanctions over Ukraine.