China's land-sea silk road initiatives to benefit Russia
Updated: 2015-03-23 20:18
(Xinhua)
|
||||||||
"As I understand, newer and freer trade regimes between Russia and China are also a topic for future discussion," Kashin added.
Mozias also said that Russia's shipbuilding and the development of sea transportation routes could benefit from China's initiatives, while the Russian access to foreign markets would also be expanded.
As Russia-China relationship has been "at its best period in history," both experts agreed that the "One Belt-One Road" initiatives would help the two countries reach a closer interdependence.
According to Kasin, the two countries currently need to discuss and create the financial infrastructure in order to shield the bilateral trade from external pressure and interference.
"Russia is especially interested in cooperation with China in finance, including the increase of trade in both national currencies and the access to finance from the Chinese banks," Kasin said.
Mozias said that the two countries could cooperate more on logistics and high value-added exports, like aviation and the IT.
Moreover, Kasin expressed his hope that a general agreement or action plan should be the next focus in order to figure out each party's clear role under the framework of the "One Belt" and "One Road".
- Dramatic changes for Chinese miners in the last 30 years
- Top 10 young Chinese entrepreneurs defining the future
- Singapore Embassy in Beijing mourns Lee Kuan Yew
- China joins legendary flower show
- Monks perform tea-picking ritual in Hangzhou
- Singapore founding father Lee Kuan Yew
- 5 things you may not know about the Spring Equinox
- Solar eclipse wows viewers
Most Viewed
Editor's Picks
Annual legislative and political advisory sessions |
Spring Festival trends reflect a changing China |
Patent applications lead the world |
BC lures Chinese tourists |
Festival Special: Apps that make holiday shopping easier |
Alibaba places China smartphone business bet with $590m Meizu deal |
Today's Top News
Antitrust policy 'treats
all fairly'
Lee remembered as 'old friend' of Chinese people
Beijing artist gives back to opera
Texas Republican Cruz announces presidential bid
Fictional TV presidents more popular than Obama - poll
Kites of Asia soar at Smithsonian
Funding of China-backed bank will be open to other countries
Six Western economies apply to join AIIB
US Weekly
Geared to go |
The place to be |