Xi and Putin Sign 40 Trade Agreements to Deepen Strategic Alliance

Xi and Putin
Russian President Vladimir Putin and Chinese President Xi Jinping. [TechGolly]

Key Points:

  • Chinese President Xi Jinping and Russian President Vladimir Putin signed nearly 40 strategic agreements in Beijing.
  • The two leaders discussed ongoing wars in Ukraine and Iran, with Xi demanding an immediate and complete ceasefire.
  • Russia currently buys over 90% of its restricted technology from Chinese suppliers to bypass Western trade sanctions.
  • The historic visit officially marks the 25th anniversary of a major friendship and cooperation treaty between the two nations.

Chinese President Xi Jinping and Russian President Vladimir Putin celebrated the growing strength of their relationship during major talks in Beijing. Both leaders want to reinforce their bilateral ties as major wars continue to rage in Ukraine and Iran. The two presidents signed a new pact on Wednesday to deepen their strategic cooperation. Right after this main signing, government officials from both nations sat down and finalized dozens of additional documents.

Putin told reporters that the two sides reached approximately 40 separate agreements during his visit. These new deals span a wide range of industries, from agriculture and technology to major railway construction projects. Putin sat next to Xi after the talks and praised their current economic setup. The Russian leader stated that the two countries have built a highly stable system of mutual trade that easily shields against external influence and adverse global market trends.

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The Middle East conflict took center stage during the long discussions at the Great Hall of the People. State news reporters noted that Xi felt a deep urgency regarding the situation in Iran. A joint US-Israeli bombing campaign started the current conflict, and the violence quickly spread across the entire region. Xi forcefully demanded a comprehensive ceasefire. He stated that restarting the war remains totally unacceptable and urged all sides to stick to peaceful negotiations.

These calls for peace arrived just hours after US President Donald Trump threatened to launch new military strikes on Iran. Trump held a major summit with Xi in Beijing last week. The US leader originally planned a new bombardment for Tuesday but paused the attack after Persian Gulf allies asked for more time. Iran firmly refuses to drop the remaining elements of its nuclear program. This refusal strongly suggests that active hostilities will resume in the coming days.

Before the heavy political talks began, Xi gave Putin a massive welcome ceremony at Tiananmen Square. A military band played the national anthems of both countries while a 21-gun salute echoed across the plaza. Dozens of young children waved Russian and Chinese flags and shouted loud welcomes to the visiting leader. Putin enjoyed the same grand treatment that Trump experienced just a few days earlier.

This specific trip holds strong historical value for the two neighboring countries. The visit officially marks the 25th anniversary of a major treaty of friendship and cooperation between Russia and China. Putin called Xi a dear friend and promised that Russia would remain a highly reliable energy supplier to the Chinese market. The Russian president emphasized that their close cooperation matters more now than ever before due to the incredibly tense international situation.

Xi echoed these strong feelings and asked both nations to focus heavily on long-term development strategies. The Chinese leader wants to build a much more just and reasonable global governance system. He criticized what he called rampant unilateral hegemony, taking a clear swipe at the United States’ global dominance. Both Putin and Xi share a deep desire to create a multipolar world order that actively challenges American power.

Following the formal meetings, the two leaders planned to spend a significant amount of time drinking tea together on Wednesday evening. The Chinese Foreign Ministry noted that this marks Putin’s 25th trip to the country. A Kremlin foreign policy aide told reporters that this planned tea discussion ranks among the most important events of the entire visit. Russian officials hope this informal meeting lasts for many hours so the leaders can talk freely.

Energy deals formed a massive part of the background discussions. Officials put the planned Power of Siberia 2 pipeline on the main agenda. Surprisingly, neither leader mentioned the massive gas project during the signing of their public agreements. A Kremlin spokesman clarified the situation on Wednesday afternoon. He stated that the two sides agreed on the main parameters for the pipeline, but the negotiating teams still need to finalize several key details.

Russia sees an opportunity to secure better gas prices for this pipeline project. The ongoing Middle East conflict caused massive turmoil in global energy markets and effectively closed the vital Strait of Hormuz. Russian officials hope this chaos will make China much more flexible in its contract negotiations. Top executives from major Russian energy and technology companies traveled with Putin to help secure these lucrative contracts.

The Russian economy faces a massive strain from strict Western sanctions over the full-scale invasion of Ukraine, which recently entered its 5th year. To survive this economic pressure, Russia relies heavily on its booming trade with China. Recent reports show that Russia imports more than 90% of its sanctioned technology directly through Chinese borders. China constantly denies sending actual weapons to the warzone. The Chinese government insists that officials strictly control the export of dual-use technology.

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EDITORIAL TEAM
EDITORIAL TEAM
Al Mahmud Al Mamun leads the TechGolly editorial team. He served as Editor-in-Chief of a world-leading professional research Magazine. Rasel Hossain is supporting as Managing Editor. Our team is intercorporate with technologists, researchers, and technology writers. We have substantial expertise in Information Technology (IT), Artificial Intelligence (AI), and Embedded Technology.
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