Russian President Vladimir Putin met yesterday with Chinese President Xi Jinping (習近平) in a diplomatic boost for the isolated Russian leader, but his spokesman said the two sides had yet to agree on a widely anticipated multibillion-dollar natural-gas sale.
Putin, shunned by the West over Ukraine, met with Xi at the start of a two-day meeting on Asian security with leaders from Iran and Central Asia. The Russian leader is hoping to extend his country’s dealings with Asia and diversify markets for its gas, which now goes mostly to Europe.
Russia and China have been negotiating a proposed 30-year gas supply deal for more than a decade, and officials said they hoped to complete work in time to sign a contract while Putin is in Shanghai. However, Putin spokesman Dmitry Peskov yesterday said it was not finalized.
Photo: Reuters
“Significant progress has been reached on gas, but there are issues that need to be finalized regarding the price,” Peskov said, according to Russian news agencies.
He said a contract could be signed “at any moment.”
A deal would give Moscow an economic and political boost at a time of Western sanctions, while pressure on Moscow is thought to give Beijing leverage to push for a lower price.
US Secretary of the Treasury Jacob Lew appealed to China during a visit last week to avoid taking steps that might offset sanctions.
However, US officials have acknowledged China’s pressing need for more energy.
Putin and Xi attended the signing of 49 cooperation deals in fields including energy, transport and infrastructure, but no details were given at the ceremony.
The price of gas is the sticking point in the proposed agreement between Russia’s government-controlled Gazprom and state-owned China National Petroleum Corp.
A deal has looked increasingly likely after Washington and the EU imposed asset freezes and visa bans on dozens of Russian officials and several companies.
The deal to pipe Siberian gas to China’s northeast would help Russia diversify export routes away from Europe. It would help to ease Chinese gas shortages and heavy reliance on coal.
Putin told Chinese reporters ahead of his visit that China-Russia cooperation had reached an all-time high.
“China is our reliable friend. To expand cooperation with China is undoubtedly Russia’s diplomatic priority,” Putin said, according to Xinhua news agency.
Xi and Putin were scheduled to launch a joint exercise between their two navies in the northern part of the East China Sea.
The two countries developed a strategic partnership after the 1991 Soviet collapse, including close political, economic and military ties in a shared aspiration to counter US influence, especially in Central Asia.
A tentative agreement signed in March last year calls for Gazprom to deliver 38 billion cubic meters of gas per year beginning in 2018, with an option to increase that to 60 billion cubic meters.
Plans call for building a pipeline to link China’s northeast to a line that carries gas from western Siberia to the Pacific port of Vladivostok.
A gas deal would mean China would be in a “de facto alliance with Russia,” said Vasily Kashin, a China expert at the Center for Analysis of Strategies and Technologies in Moscow.
In exchange, Moscow might lift restrictions on Chinese investment in Russia and on exports of military technology, Kashin said.
“In the more distant future, full military alliance cannot be excluded,” Kashin said.
“It will, however, take years for China to start playing in the Russian economy a role comparable to that of the EU,” he said. “After that happens, both China and Russia will be much less vulnerable to any potential Western pressure and that, of course, will affect the foreign policy of both these countries.”
North Korea yesterday made a rare mention of dissenting votes in recent elections, although analysts dismissed it as an attempt to portray an image of a normal society rather than signaling any meaningful increase of rights in the authoritarian state. The reclusive country has one of the most highly controlled societies in the world, with North Korean leader Kim Jong-un accused of using a system of patronage and repression to retain absolute power. Reporting on the results of Sunday’s election for deputies to regional people’s assemblies, the North’s state media said that 0.09 percent and 0.13 percent voted against the selected candidates
WEATHER PROBLEM: Seoul said the launch, which comes after the North said its new spy satellite is taking images of US military facilities, was rescheduled for Saturday South Korea has delayed the planned launch of its first military spy satellite set for tomorrow, officials said, days after rival North Korea said it had put its own spy satellite into orbit for the first time. Under a contract with SpaceX, South Korea is to launch five spy satellites by 2025, and its first launch using SpaceX’s Falcon 9 rocket had been scheduled to take place at California’s Vandenberg Air Force Base in the US. The South Korean Ministry of National Defense yesterday said in a brief statement that the launch was delayed due to weather conditions. Ministry officials said the
ECONOMICS? ECONOMICS? The new prime minister said that taxing cigarette sales would contribute revenue, while banning them would create a flourishing black market New Zealand’s plans for world-leading anti-smoking laws are to be revoked, Christopher Luxon confirmed yesterday after being sworn in as prime minister, in a move described as a “huge win for the tobacco industry.” Former airline boss Luxon took over six weeks after his conservative National Party won national elections, ending a six-year Labour Party reign ushered in by former prime minister Jacinda Ardern. Luxon, 53, was sworn in as head of a new coalition government by New Zealand Governor-General Cindy Kiro in a ceremony in the capital, Wellington. “It is an honor and an awesome responsibility,” Luxon told reporters. The conservative said he
ELECTION INTERFERENCE: Meta did not publicly link the account network to the Chinese government, but said it is based in China and sought to inflate divisions within the US Someone in China created thousands of fake social media accounts designed to appear to be from Americans and used them to spread polarizing political content in an apparent effort to divide the US ahead of next year’s presidential elections, Meta said on Thursday. The network of about 4,800 fake accounts was attempting to build an audience when it was identified and eliminated by the tech company, which owns Facebook and Instagram. The accounts sported fake photos, names and locations as a way to appear like everyday American Facebook users weighing in on political issues. Instead of spreading fake content as other networks