Breakthrough deals with Russia: Xi

Russia and China have concluded to significantly enhance team-work in a appetite zone and boost shared trade to $150 billion in entrance years.

Addressing a corner press assembly on Friday with China's new President Xi Jinping, on a state revisit to Russia, President Vladimir Putin pronounced a revisit will have "historic formula and strengthen a vital impression of a relations". Mr. Xi pronounced a dual sides had reached "breakthrough agreements" in oil, gas and electricity.

The dual countries sealed a raft of agreements to boost deliveries of Russian wanton to China; build an oil refiner; and step adult electricity reserve from Russia.

Informed sources pronounced Russia will boost oil shipments to China by 10 million tons from a stream turn of 15 million tons a year opposite a $10

Read full article: http://www.reuters.com/article/2013/03/19/us-markets-global-idUSBRE88901C20130319

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Source:
http://www.news.ezonearticle.com/2013/03/22/breakthrough-deals-with-russia-xi/