Friday, 20 September 2019 02:13 GMT

China, Russia Sign Deals on Energy, High-Speed Railways

(MENAFN - QNA) China and Russia inked a host of cooperation deals ranging from finance and investment to energy and high-speed railways.

Visiting Chinese Premier Li Keqiang and his Russian counterpart, Dmitry Medvedev, witnessed the signing of the about 40 agreements after holding the 19th China-Russia Prime Ministers' Regular Meeting.

The documents, including governmental accords and business contracts, also cover trade, people-to-people exchanges, advanced technology, satellite navigation, currency swap and customs.

A local currency swap deal worth 150 billion yuan (24.4 billion US dollars) between the central banks of China and Russia was among the documents signed, according to a statement issued by the People's Bank of China.

China, Russia Sign Deals on Energy, High-Speed Railways


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