WAR GAMES RUSSIA CHINA DUBBED FRIENDSHIP 2005 AUG 18 TO 25 TH

JUNE 10 2005

ORIGINAL ARTICLE

THEY HAVE USED SOME HARSH WORDS TO CONDEMN THE U.S. FOR THEIR ATTEMPT AT TAKING OVER THE WORLD

THE KING FROM THE NORTH ATTACKS FROM THE AIR FIRST .

 

With Russia and China pledging to develop their partnership, investment and energy issues topped the agenda of their bilateral summit in the Russian capital. The countries also lashed out at perceived US unilateralism by issuing a declaration demanding a curb on outside interference in nations' internal affairs.

During his visit to Russia from June 30 to July 3, Chinese President Hu Jintao discussed ways to boost bilateral cooperation, including investment and the energy sector, and signed a declaration with President Vladimir Putin denouncing "monopoly and domination in international affairs" and calling for an end to "attempts to divide nations into leaders and those being led".

The "Declaration on the World Order in the 21st Century" did not mention the US directly, but it left little doubt that Washington was targeted. It said: "All countries of the world should strictly observe the principles of mutual respect of sovereignty and territorial integrity, mutual non-aggression and non-interference in each other's internal affairs." Russia and China agreed on the need to fight terrorism and said that double standards on the issue were unacceptable. Russia has often accused the West of having double standards in the "war against terror".

The leaders offered each other support in Moscow's war against separatist rebels in Chechnya and Beijing's efforts to assert control over Taiwan. Hu announced that the two sides had also discussed the promotion of stability in Central Asia, reform of the United Nations and "the nuclear problem of the Korean peninsula".

The countries praised their improved relations in recent years and said that their declaration was important for future ties. "This declaration has great importance in deepening the strategic cooperation between our two countries," Hu said. Russia-China ties have warmed with the signing last year and ratification this year of the final settlement of a protracted border dispute.

Putin and Hu also agreed to strengthen military ties as they prepare to hold joint military exercises next month. The war games, "Friendship 2005", to be conducted in Russia and China from August 18-25, will be the largest between the countries in 50 years. Russia will be represented by 3,000 members of the air force, airborne troops and the navy, while China will commit about 5,000 soldiers and officials.

Trade between Russia and China this year is expected to grow by more than 20% after a record US$21 billion in 2004. Bilateral investment cooperation is booming. Just in the past month, Russia and China signed investment agreements totaling more than $2 billion. Russian officials indicated that China could invest up to $12 billion in Russia by 2020.

Moscow and Beijing have long eyed bilateral projects in energy infrastructure, and want to revive a project to build a $1.5 billion 2,600 kilometer power transmission line from the Irkutsk region in Siberia to China. Moreover, Beijing has indicated interest in potential investments in Russian hydropower projects.

However, Hu has to date failed to make major progress on securing oil supplies from Russia as Moscow is still wavering on an oil pipeline to China. In December 2004, Russia decided to build a pipeline to export crude to Japan, the US and other Pacific Rim nations.

All the same, Russia pledged to increase its total oil deliveries to China by rail to 11 million tons this year, from 6 million tons in 2004. At the summit meeting in Moscow, state oil firm Rosneft signed cooperation deals with the Chinese oil firm Chinese National Petroleum Corporation and Asia's biggest refiner, Sinopec. Rosneft alone plans to increase annual deliveries to China to 9 million tons in 2006, from 4 million tons in 2005.

This year state-owned oil company Rosneft took over from Yukos as the main oil exporter to China. In February, China reportedly provided Rosneft with a $6 billion loan, which was allegedly used for the Russian firm's purchase of Yuganskneftegaz, the Yukos production unit auctioned off in December. Rosneft later said that the money was simply an advance payment for future deliveries.

China is understood to want to beat Japan as the main beneficiary of a trans-Siberian oil pipeline. Now Beijing reportedly wants more specific commitments on access to Russian oil and gas projects. As Moscow has been reluctant to promise Beijing exclusive access to its Siberian oil and gas riches, the pipeline game appears far from over.
 

 

 

 

 

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