.contact us |.about us
News > Business News ...
Russia to live up to China oil pipeline deal
( 2003-09-24 14:57) (chinadaily.com.cn)

Russian Prime Minister Mikhail Kasyanov said on Wednesday his country would stand by an agreement to build a pipeline to China when meeting with Chinese Premier Wen Jiabao in Beijing.

Chinese Premier Wen Jiabao (right) holds talks with Russian Prime Minister Mikhail Kasyanov in Beijing September 24, 2003. [newsphoto.com.cn]

Plans for the US$2.5 billion pipeline, which would stretch some 2,400 km (1,500 miles) from Russia's Angarsk, near Lake Baikal in Siberia, to China's Daqing, were stalled due to environmental worries and a competing plan to route a pipeline to Japan. 

During his talks with the Chinese premier, Kasyanov praised his country's growing economic relationship with China.

"It is very understandable that Russian-China bilateral trade grows at such a fast speed. Russia-China trade grows faster than that with any of Russia's other trade partners," Kasyanov said.

The prime ministers of Russia, China and four Central Asian nations - who form the Shanghai Cooperation Organization - met in Beijing on Monday to discuss anti-terrorism efforts and increased trade ties in the region.

Kasyanov praised that meeting as productive. "The atmosphere is very good for the development of our strategic partnership cooperation."

Wen also lauded the relationship. "I again wish to push forward an exchange of views on bilateral ties, especially in economics and trade," he told Kasyanov.

  Today's Top News   Top Business News
+The next great leap after Shenzhou V
( 2003-10-21)
+Hu calls for balanced development
( 2003-10-21)
+Report: SARS not airborne virus
( 2003-10-21)
+Japan urged to resolve weapons issue
( 2003-10-21)
+Int'l AIDS group opens Beijing office
( 2003-10-21)
+Home-appliance giants want wheels
( 2003-10-21)
+Exchange-rate reform under study
( 2003-10-21)
+Health insurance sector called for
( 2003-10-21)
+SanDisk teams up to open outlets
( 2003-10-21)
+Housing prices start to sag in Shanghai
( 2003-10-21)
  Go to Another Section  
  Article Tools  
  Related Articles  

+Wen proposes 6-nation free trade zone

+Officials lobby Moscow on oil

+Daqing to cut oil production

+Official delegation sent to lobby Moscow on oil

+China, Russia, Central Asia PMs meet on cooperation

        .contact us |.about us
  Copyright By chinadaily.com.cn. All rights reserved