President Vladimir Putin will discuss ways to optimize bilateral trade, including changes in Russian exports to China, during his visit to Beijing, Foreign Minister Sergei Lavrov said in an interview with Xinhua news agency posted on the ministry’s website on Sunday.
The Kremlin press office reported on Tuesday that Putin would visit China on June 5-6 to discuss the prospects of developing bilateral trade relations and building up interaction in the field of energy, modernization and innovation, increasing mutual investment, production cooperation and interregional ties.
“We expect to analyze in detail our work for optimizing the structure of bilateral trade, first of all, through the increase of the share of value-added products in Russia’s exports to China,” Lavrov said.
By the results of the bilateral talks, both parties are expected to sign a joint communiqué and a number of agreements between the governments and companies from both countries.