facebook
twitter
search
search

Energy focus of new Russia-China talks

July 26, 2008 at 2:41 PM

BEIJING, July 26 (UPI) -- Chinese Vice Premier Wang Qishan said Saturday his country has begun negotiations with Russia regarding energy resources.

Wang said following a meeting in Beijing with Russian Deputy Prime Minister Igor Sechin that the new talks had already proven productive, the Chinese state news agency Xinhua said.

"Today's first round of negotiation achieves positive fruits," Wang said.

The creation of an energy resources negotiation process has been approved by the leaders of both countries in an attempt to improve strategic and energy cooperation, Wang said.

The vice premier said an agreement on energy sharing efforts had also been reached by Chinese Premier Wen Jiabao and Russian Prime Minister Vladimir Putin.

The mechanism is intended to promote increased trade and relations between China and Russia in the areas of crude oil and gas, along with electric and nuclear power.

Like Us on Facebook for more stories from UPI.com  
Latest Headlines
Top Stories
Germanwings pilot Lubitz buried quietly amid investigation
Russia investigates legality of 1991 recognition of Baltic independence
South Korea fires warning shots at boat from North
Islamic State re-captures part of key Kurdish-held border town in Syria
Judge orders man who shot down neighbor's drone to pay $850