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Russia, China Foreign Ministry Officials Hold Discussions on ‘Asian Affairs’

RUSSIA
  • Foreign ministry officials from China and Russia held a discussion Monday on Asian affairs in Beijing, according to a MOFA statement cited by Bloomberg. The two sides exchanged views on topics including regional cooperation and situation in Asia and agreed to enhance communication and coordination regarding Asian affairs.
  • Russian oil production in February reached the pre-sanctioned level for the first time and may exceed the February 2022 figure, Kommersant report. Daily crude oil and condensate production in February grew to 1.508m tons, around 2% above the January level. Meanwhile, Vedomosti report that natural gas production decreased by 10.7% y/y in January. A Vedomosti source said that the bulk of the decline fell on Gazprom.
  • Japan has imposed an asset freeze on 39 Russian individuals and 73 entities over the Ukraine invasion, according to a government statement.
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