Published:  01:05 AM, 13 May 2019

Russia becomes chief guest of Fourth Silk Road International EXPO

Russia becomes chief guest of Fourth Silk Road International EXPO

Russia has become one of the chief guests of the Fourth Silk Road International EXPO that kicked off in the Chinese city of Xian on Saturday. This year, Russia's regions of the Urals Federal District are showcasing their trade, economic, investment, educational and scientific capacities at the event.

Russian presidential envoy to the Urals Federal District Nikolai Tsukanov said, addressing the EXPO's opening ceremony, that Russia and China had great potential for cooperation.

He pointed to the increasing number of joint Russian-Chinese projects and the growing ties between the two countries' universities. "Tourism ties and youth exchanges are expanding. There is huge potential for Russian-Chinese cooperation," the Russian presidential envoy emphasized, reports TASS.

"This year marks the 70th anniversaries of the People's Republic of China and diplomatic relations between our countries. Our partnership has been progressing in the past 70 years. In 2018, trade exceeded $100 bln," Tsukanov pointed out.

He emphasized the EXPO's importance in the development of regional ties, adding that five governors, university chiefs, heads of agricultural, tourism and oil companies, as well as medical and transport facilities, represented Russia's Urals Federal District at the Xian event.

"I would like to point out that relations between Urals regions and Chinese provinces are particularly important because 2018 and n2019 are declared the Russian-Chinese Years of Regional Cooperation. I hope that our regions will take active steps to boost ties with China's Shaanxi province and discuss joint economic and humanitarian projects," the Russian presidential envoy said.

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