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Agreements signed at Russia-China intergovernmental meeting

More than 10 documents including Sakhalin-China bank agreement were been signed after the 11th intergovernmental Russian-Chinese meeting .

An agreement was signed on cooperation in investment development between the Sakhalin regional administration, Vneshtorgbank and the State Development Bank of China.

Chinese Foreign Minister Li Jaoxing and Russian Deputy Foreign Minister Alexander Saltanov signed an agreement on the regime of the Russian-Chinese border.

Russian Minister of Economic Development and Trade German Gref and Chinese Minister of Commerce Bo Xilai signed an agreement on encouragement and mutual protection of investment,

Other signed documents are a protocol on exchange of letters of ratification of an agreement on extradition of convicts and a memorandum on the finalisation of a Russian-Chinese trade and economic cooperation programme.

The sides also adopted a plan of measures of the Russian Ministry of Economic Development and Trade and the Chinese Ministry of Commerce to stimulate bilateral trade in machine building products in 2007-08.

The Russian Federal Agency of Atomic Energy and the Chinese Committee on Defence Science, Technology and Defence Industry signed an accord on development of middle-term cooperation in the peaceful use of nuclear energy.

An accord was signed on the State Development Bank of China's 500 million dollar credit line to Russia's Vneshtorgbank for funding Russian-Chinese projects in the aircraft-making sector.

Russian and Chinese educations ministry signed an agreement on cooperation in education.

The Central Bank of Russia and the People's Bank of China signed a protocol on a broader geography in China of banks with the right for use of settlements in national currencies in Russian-Chinese border trade.

RAO UES Rossii and the State Electric Grid Corporation of China signed a contract for electric energy purchase and sale.

An accord was signed on cooperation in financial insurance in the project Baltic Pearl (St. Petersburg), as well as an agreement on strategic cooperation between Rosneft and the Chinese petrochemical corporation Sinopec.

© Itar-Tass


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