What’s new: China and Russia have agreed to extend a 20-year bilateral treaty of strategic cooperation that would have expired this year, according to the state-run Xinhua News Agency, in a show of continued strategic partnership between the two countries.
The announcement came after Chinese President Xi Jinping spoke with his Russian counterpart, Vladimir Putin, in a virtual meeting via video link on Monday.
The China-Russia Treaty of Good-neighborliness and Friendly Cooperation was signed in July 2001 to serve as a basis for peaceful relations, economic cooperation, as well as diplomatic and geopolitical reliance.
What’s more: Close cooperation between the two countries injects positive momentum to the international community when the world is undergoing profound changes and humanity is encountering multiple crises in development, Xi was quoted by state media as saying.
The treaty aligns with both countries' fundamental interests, echoes peace and development, and vividly displays a new international relationship and community with a shared future for mankind, Xi said.
Contact reporter Lu Zhenhua (zhenhualu@caixin.com) and editor Heather Mowbray (heathermowbray@caixin.com)
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