ST. PETERSBURG,
April 24 (Xinhua) -- Russia is interested in Chinese investment, Finance
Minister Anton Siluanov said Friday.
The
official said Russia has seen Western markets closed to Russian investment, so
the country has been stepping up its financial cooperation with China and is
seeking larger Chinese investments in the Russian economy.
Siluanov
mentioned the 800-km high-speed railway connecting Moscow with Kazan, capital
of the Tatarstan Republic, as one possible project China may invest in. The
investment for the project is estimated at 1 trillion rubles (19 billion U.S.
dollars).
Siluanov
also expressed support for China's initiative of the Silk Road Economic Belt.
"The
Silk Road initiative would facilitate a broader relationship between our
countries," RIA Novosti news agency quoted him as saying.
Siluanov
noted that the project would provide better conditions for freight between Asia
and Europe and therefore help improve Russia's economy.
Chinese president Xi Jinping greets his Russian counterpart Vladimir Putin at the APEC summit in Beijing, November 2014. (Photo/CNS) |
Related Articles:
China's Xi launches $46 bn investment plan in Pakistan
Chinese investment in Namibia grows to US$4.6bn
Chinese investment in Namibia grows to US$4.6bn
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.