China, Russia sign new trade agreement on energy and food, expected to further unleash potential
The latest signing of the gas supply agreements between large companies of the two countries will make supply and prices more sustainable and stable, Song Kui,
"But instead of adding new pipelines, there could be more of an expansion of the trading capacity through the current one, 'Power of Siberia 1,'" Lin Boqiang
In addition to the signing of energy cooperation, Chinese and Russian companies also signed a number of memorandums of cooperation involving trade in food and other daily necessities as both sides seek to unleash the potential in the cross-border supply chain.
Driven by widening potentials for cooperation, China and Russia are moving toward cooperation in the entire industrial chain, including transportation, experts said.
