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Egor Borisov visits China as part of the federal delegation

  • Published in Politics
BEA to China
As a result of the talks, a package of documents on cooperation in the energy sector and agriculture is expected to be signed.

Prime Minister of Russia Dmitry Medvedev begins a two-day visit to China on Tuesday. The head of the Cabinet of Ministers will meet with Chairman of the People's Republic of China Xi Jinping and hold intergovernmental negotiations, which will result in signing a package of documents on cooperation in the energy sector and agriculture.

The Russian delegation is expected to include First Deputy Prime Minister Igor Shuvalov, Deputy Prime Ministers Olga Golodets, Arkady Dvorkovich, Yuri Trutnev, as well as Minister of Natural Resources Sergei Donskoy, Minister of Industry and Trade Denis Manturov, Minister of Communications and Mass Media Nikolai Nikiforov, Minister of Economic Development Maksim Oreshkin, Minister of Agriculture Aleksandr Tkachev and Minister for Development of Russian Far East Aleksandr Galushka.

In addition, the delegation includes the head of Karelia Aleksandr Parfenchikov, the head of Yakutia Egor Borisov, the head of the Federal Customs Service Vladimir Bulavin, the head of Roskosmos Igor Komarov, the head of the Russian Direct Investment Fund Kirill Dmitriev, Deputy General Director of Rosatom Nikolai Spassky, Gazprom CEO Aleksei Miller, Chairman of the Board of Novatek PJSC Leonid Mikhelson, the general director of the Russian export center Petr Fradkov, the head of Vnesheconombank Sergey Gorkov, as well as the general director of the Analytical Credit Rating Agency Ekaterina Trofimova.

Expansion of economic relations

"During the visit, the Memorandum of Understanding between Novatek and the State Bank of China, including the Arctic LNG-2 project, is planned to be signed, as well as the Agreement on strategic cooperation between Novatek and the Chinese National Oil Corporation,” said Deputy Prime Minister Sergei Prikhodko.

Arctic LNG-2 is the second Novatek project for the production of liquefied natural gas in addition to Yamal LNG. The Company is considering the possibility of building a new LNG plant on the Gydan Peninsula, the gas will come for liquefaction from the Utrenneye Oil and Gas Condensate Field.

Also, the Deputy Prime Minister drew attention to the fact that following the results of the intergovernmental negotiations, the protocols necessary for the start of export of sunflower, buckwheat, oats and flax from Russia to the PRC and a protocol on the supply of wheat will be signed. As Rosselkhoznadzor reported earlier, the signing of the protocols will start the full-scale supply of sunflower, buckwheat, oats and flax from Russia to China, as well as an increase in the volume of wheat exports, both from the already certified Russian regions (Omsk and Novosibirsk Regions, Krasnoyarsk Krai and the Altai Republic) by AQSIQ (General Administration of Quality Supervision, Inspection and Quarantine of the PRC) Chelyabinsk and Amur oblasts, so far not having this right.

The list of documents to be signed includes an agreement between the Federal Customs Service of Russia and the main customs administration of China on cooperation in the field of risk management, as well as a protocol on the exchange of data obtained as a result of the use of inspection and screening complexes of customs services.

As emphasized by Prikhodko, following the results of the talks, the program for the development of cooperation in the field of space activities between Roskosmos and the Chinese National Space Administration for 2018-2022 will be signed, as well as a framework loan agreement between Vnesheconombank and the Export-Import Bank of China.

The Vice Premier added that Russia and China are expected to sign several documents on the development of interregional cooperation, including between Karelia and Fujian province.