“We’re convinced that in order for our region to continue to achieve high growth rates, and to remain a key participant in the global economy and trade, it should retain the spirit of economic freedom, to be the space of business initiative without sanctions, bans and political bias ,” Putin told delegates.
On Tuesday, President Putin and Chinese President Xi Jinping met at the forum for a round table discussion focused on inter-regional cooperation. Xi also appeared keen to foster closer relations with Russia, saying:
“Together with our Russian colleagues, we will increase fruitful co-operation in international affairs and intensify co-ordination . . . to oppose the policy of unilateral actions and trade protectionism,” President Xi said, Reuters reported.
Putin said both countries were looking to use national currencies in their transactions, sidelining the dollar.
“The Russian and Chinese sides have confirmed the interest in more active use of national currencies in bilateral transactions. This will increase the stability of banking services for export-import amid continuing risks in global markets,” Putin said after talks, Russian news outlets reported.
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