Russian space budget may grow this yearScience & Space May 26, 20:48
Moscow hopes London High Court will deliver judgement on Ukraine’s debt to Russia soonBusiness & Economy May 26, 20:21
Hungarian top diplomat: EU must discuss anti-Russian sanctionsWorld May 26, 19:56
Russian, French top diplomats discuss preparations for Putin’s visit to FranceRussian Politics & Diplomacy May 26, 19:47
Moscow comments on Tallinn’s move to expel Russian diplomatsRussian Politics & Diplomacy May 26, 19:43
WADA: Legendary Isinbayeva suits role of ambassador for clean sports in RussiaSport May 26, 19:33
Russia working on advanced air defense systemMilitary & Defense May 26, 19:17
WADA receives Russia’s new national anti-doping planSport May 26, 19:14
Moldova’s ruling pro-European coalition breaks upWorld May 26, 19:12
MOSCOW, May 29. /TASS/. China’s ambassador to Russia has said combining Beijing's plan to create a modern Silk Road East-West trading route alongside Moscow’s wish to develop the Eurasian Economic Union is a top priority for economic cooperation between the two countries.
"I see the main task of our cooperation in combining development of the Silk Road economic belt and the Eurasian Economic Union," Li Hui told an international conference entitled Russia and China: Partnership in a Changing World.
"Other priority spheres include safeguarding the outcomes of World War Two and the post-war order and building a fairer world order," he added.
The new Russia-led political and economic bloc - the Eurasian Economic Union - started operating in January, replacing the Eurasian Economic Community, which officially ceased to exist in October. The union includes Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan.
The treaty was signed by the presidents of Russia, Kazakhstan and Belarus in May last year. It establishes the union ensuring free movement of goods, services, capital and labour and binds its member states to conduct co-ordinated or common policy in economic sectors.
China’s integration project aims to revive the ancient Silk Road and build a transport, energy and trade corridor between Europe and Asia.