Russia and China will Sign 17 Agreements in November
Russia and China are planning to sign 17 bilateral agreements in various spheres during the Russian prime minister’s visit to China on November 9-10, Deputy Prime Minister Alexander Zhukov is quoted by RIA Novosti news agency.
Zhukov, who is currently on a visit to China, said the two countries will sign an intergovernmental agreement on Russian-Chinese border regulations and an agreement on mutual investment, among the most important documents.
The sides will also sign a protocol on the conclusion of the development of the program on bilateral trade cooperation for 2006-2010.
Zhukov said bilateral trade approached $30 billion in 2005, and grew by 25%, year-on-year since the beginning of 2006. He said the bilateral trade volume could double by 2009.
“If we are going to increase the trade turnover with these rates, I am quite sure we may reach this volume [$60 billion] as early as in 2009,†the deputy PM said.
He also said Russia and China will sign an agreement on mid-term and long-term cooperation in nuclear power industry.
Russia’s Atomstroiexport is building the Tianwan NPP in eastern China’s port city of Lianyungang, featuring improved VVER-1000 reactors and K-100-6/3000 turbo-generators, under a Russian-Chinese agreement signed in 1992.
“The first reactor block [2 reactors] will become fully operational in March, may be even earlier,†Zhukov is quoted by RIA Novosti.
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