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High level Russian-Chinese talks took place in Shanghai

June 15, 2006

Vladimir Putin and President of the People’s Republic of China Hu Jintao discussed pressing aspects of bilateral cooperation including cooperation in the economic, military and technological spheres.

The Russian President remarked on the positive dynamic in Russian-Chinese relations and expressed his hope that relations will continue to develop in the future.

During the Russian-Chinese talks a Credit Agreement was signed between the Russian Vneshekonombank and the China Development Bank (CDB) whereby the total sum of credit allotted by the CDB to Vneshekonombank amounts by 500 million USD.

Following the talks President Vladimir Putin answered journalists’ questions.

June 15, 2006