China's Xi praises 'best friend' Putin during Russian Federation visit

China's Xi praises 'best friend' Putin during Russian Federation visit

Chinese President Xi Jinping is talking up the Chinese economy's resilience as he heads to Moscow for a state visit affirming increasingly close ties between the former Cold War rivals.

At the conclusion of the meetings a joint statement by Russian Federation and China voiced support for Iran and commended Iran's implementation of the requirements of the Joint Comprehensive plan of Action (JCPOA) or Iran's nuclear agreement with world powers, reported Russia's Interfax news agency.

Xi presented the pandas - named Ru Yi and Ding Ding - following talks with Putin, whom he called his "best friend". It also takes place against the backdrop of the worldwide order facing challenges of unilateralism and protectionism, and the global economy enduring the ongoing trade dispute between China and the United States, the two largest economies in the world.

They pledged to develop a comprehensive partnership and boost coordination on security issues.

The Chinese delegation is bringing two pandas as gifts, which are bound for the Moscow Zoo.

Now that the two leaders have made a decision to once again elevate their countries' ties, the pair of neighboring large countries are poised to open up a new chapter of bilateral cooperation for greater accomplishments.

Two-way trade between China and Russian Federation hit a record high of over $100 billion past year. Putin will also attend the event.

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Also, the two countries have seen their strategic major projects in such fields as energy, aerospace and inter-connectivity making steady progress, including their first cross-border highway bridge, which is expected to complete in October. He said China and Russian Federation have enjoyed strong and unbreakable friendship, as Chinese people and people of the former Soviet Union worked together and fought against fascists during WWII.

The trip to Moscow highlights Beijing's efforts to drum up support both at home and overseas as the President Donald Trump's administration pushes China to do more to redress a huge perennial trade surplus and end policies that USA and other foreign companies and governments say violate Beijing's market-opening commitments.

In 2018, Chinese tourists made 1.8 million trips to Russia while Russian travelers made almost 2 million trips to China.

Xi will also attend the 23rd St. Petersburg International Economic Forum and address its plenary session.

"Despite all the difficulties, China became a significant creditor and rather significant investor" in Russian Federation at a time when many other investors preferred to pack their bags.

Both countries are locked in economic battles with the United States.

China and Russian Federation also pledged to promote multilateralism and expressed commitment to working together to preserve the system of worldwide mechanisms on non-proliferation and arms control.