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Putin says talks with Trump ‘inspire optimism’ on global security

Putin says talks with Trump ‘inspire optimism’ on global security

"In my last conversation with President Trump, I felt some optimism because Donald told me he is also anxious about it, he understands how much money the US and other countries spend on rearmament and that this money could be devoted to other purposes", Mr Putin said of his phone call last month to the US President.

The Russian president acknowledged there had been "difficult times" in the relationship, which was plunged into the deep freeze by the Novichok nerve agent attack on the streets of Salisbury.

In Moscow, Xi alluded to the trade dispute with Washington. "We treat each other with respect, candor, understanding and trust", he said.

Putin insisted that "we don't have and never had any plans to interfere in USA domestic politics", but added that the Russian government can't stop private citizens from expressing their views about developments in the USA online.

The St. Petersburg International Economic Forum was established in 1997 and has been formally organized by the Russian presidential administration since 2006.

"It's to show the USA that there's a strong Beijing Moscow alliance which could actually be used against, what Beijing terms, American unilateralism", Willy Lam, an adjunct professor at the Chinese University of Hong Kong and a longtime analyst of Chinese politics said.

Despite the "public bromance between Putin and Xi...tangible results remain frustratingly hard to realize in the economic sphere", according to a June 6 analysis published in the online magazine The Diplomat by its editor-in-chief Shannon Tiezzi.

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Beijing established One Belt, One Road (OBOR, also known as Belt and Road) in 2013 to build up geopolitical influence via investments across Southeast Asia, Africa, Europe, and Latin America. "Step by step, we have managed to bring our relations to a new level, the highest in history".

Donald...understands how much the United States and other countries spend on armaments.

According to Xi, the bilateral trade volume reached more than $100 billion in 2018, rising by 30% from the previous year.

Planned trade discussions took on fresh importance with China confronting US tariffs while Russia's hobbled by American sanctions.

In his speech, Xi said that China and Russian Federation, both major countries and permanent members of the United Nations Security Council, should work together with the worldwide community to firmly safeguard the global system with the UN at its core, and promote multipolarization of the world and democratization of global relations while building a more prosperous, stable and fair world.

"On the trade front, Russia is quite isolated and the Russian economy is quite small, so there's not much that Russia can do to help China on the trade front against the United States", he said.

Xi arrived in Moscow on Wednesday for a three-day visit with Vladimir Putin and described the Russian leader as his "best friend" during a cosy meeting at the Kremlin.


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