Hu, Medvedev pledge closer economic ties

BRASILIA, Brazil - President Hu Jintao and his Russian counterpart Dmitry Medvedev discussed major economic projects, seeking closer and stronger trade ties as both countries are in their critical period of development.

The two leaders made the pledge while meeting on the sidelines of the BRIC summit in Brazilian capital Brasilia on Thursday.

Hu urged the two countries to support each other and seize opportunities to properly tackle the challenges as this year is pivotal to the profound adjustment of the international structure and the recovery of the world economy.