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Free AccessPutin-China Peace Plan Can Be Taken As Basis For Deal w/Ukraine
Formal talks between Russian President Vladimir Putin and Chinese President Xi Jinping have concluded in Moscow. Putin states that the two 'did not ignore the situation in Ukraine', and that the 'China peace plan can be taken as the basis for settlement in Ukraine when the West and Kyiv are ready'.
- Xi states that the Chinese Ukraine settlement 'is guided by principles of the UN charter' and that 'China has an impartial position on the Ukraine crisis'. Says that 'we are for peace....we are for dialogue'. Xi: China and Russia are building a multipolar world.'
- There remain significant concerns in Western capitals as to China's reliability as a neutral arbiter in the Ukraine war. Still uncertainty as to whether Xi will hold a call with Ukrainian President Volodymyr Zelenskyy this week.
- Putin: 'China is clearly Russia's top trade and economic partner....trade and economic cooperation is a priority for our relationship'.
- Putin: 'We discussed energy cooperation....Russia is ready to increase oil supplies to China...There are broad prospects for cooperation in gas sectors...LNG supplies to China will increase.' Xi: 'We agreed to activate planning at high level to increase energy trade.'
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.