PRESS RELEASE

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Li Keqiang in Russia—Bringing ‘One Belt, One Road’ Together with the Eurasian Economic Union

Nov. 6, 2016 (EIRNS)—Chinese Premier Li Keqiang arrived in St. Petersburg today for the 21st China-Russia Prime Ministers’ Regular Meeting and an official visit to the northern neighbor. He will be meeting with his Russian counterpart, Dmitry Medvedev, in St. Petersburg, Medvedev’s hometown, and with President Putin in Moscow.

This year marks the 15th anniversary of the signing of the China-Russia Treaty of Good-Neighborliness and Friendly Cooperation and the 20th anniversary of the establishment of the China-Russia strategic partnership of coordination, Xinhua reports.

On economic and trade cooperation, Chinese Ambassador to Russia Li Hui said in late October that thanks to efforts by both sides, the decline in trade between China and Russia was reversed, with trade up 1.8% in the first half of 2016, reaching $31.72 billion.

He also expressed confidence in the prospects of cooperation between the two countries, citing their highly complementary economies and their agreement to synergize the construction of the Silk Road Economic Belt and the Eurasian Economic Union (EAEU).