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Business / Opinion

China-Russia ties gaining strength

By Mikhail Titarenko (China Daily) Updated: 2014-05-19 10:30

It is in this context that Russia-China energy cooperation is determined by long-term interests rather than transitory considerations. And the Ukraine crisis has once again emphasized Russia’s need to diversify its approach to such cooperation.

The actions of the United States and European Union countries amply demonstrate the defects of Russia’s lop-sided dependence on the EU for its energy exports, a practice established by influential business circles in Russia in the 1990s. In the early 2000s, Putin took major initiatives to expand cooperation with China and other Asian countries, which saw the Skovorodino- Daqing oil pipeline being put into operation.

Russia has broad-scale plans to build oil-and-gas pipelines to China, to jointly explore the coal reserves in Southern Yakutia and to realize other major projects. These plans were outlined by Russia and China long before the outbreak of the Ukraine crisis, which highlights the strategic rather than vulgar-bargain approach of the two countries to economic cooperation in different, including energy, fields.

The mutual benefit of such cooperation is evident. As for a reasonable price for the energy resources Russia supplies to China, this is a matter of bilateral negotiation. Such talks are underway and, according to reports, proceeding smoothly.

I am sure that the issues pertaining to further growth and better strategic interaction between Russia and China will be addressed in concrete terms at the talks between Chinese President Xi Jinping and Putin during the latter’s visit to China.

Coinciding with Putin’s visit to China will be the joint Moscow-Beijing military drills in the East China Sea, over which some countries have raised concerns. But these countries should realize that Russia-China military drills are not targeted against any country. They are aimed at just demonstrating the real potential of the two countries’ strategic interaction and partnership in defense and protection of each other’s national interests and territorial integrity.

The current nature of Russia-China strategic interaction meets the requirements of the times, is aimed at addressing the problems emerging across the world, and enables the two countries to safeguard their sovereignty and pursue their independent courses.

Russia and China have established bilateral consultation mechanisms at many levels — from regular summits and meetings of heads of government, ministers and agencies’ directors through to people-to-people exchanges. All this shows the effectiveness, political self-sufficiency and huge potential of Russia-China strategic interaction and partnership. Besides, the military drills in the East China Sea will serve as proof of the trust the two countries have in their cooperation. This factor certainly cannot go unnoticed by other countries, including the US and Japan.

The author is president of Russia-China Friendship Association and director of the Institute of Far Eastern Studies, affiliated to the Russian Academy of Sciences.

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