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Under it, "Russia will assist China in joining international organisations which oppose the legalisation of criminal profits, including the FATF". The sides have agreed regularly to hold consultations on problems of work of the Eurasian group, following the lines of the FATF model, continue bilateral consultations on settling mutual financial claims, hold consultations between the two states' tax agencies on concluding an agreement on cooperation and exchange of information on the observance of tax legislation. The Plan of Action also says that the leaders of Russia and China have agreed to complete negotiations and sign an intergovernmental agreement on the encouragement and mutual protection of investments. The sides have agreed regularly to hold Russian-Chinese investment forums and assist the two states' enterprises in participating in presentations of investment projects in Russia or China, promote exchanges between enterprises, discuss different forms and channels of investment cooperation. The leaders of the two countries have also decided to "determine projects of interest to the corresponding Russian and Chinese enterprises and companies connected with the development of western regions of the PRC, revival of old industrial bases in the North-East of China and support the participation of Chinese enterprises in the realisation of projects of development of Russian regions in East Siberia and the Far East". The Plan seals the intention to "provide assistance to the two countries' enterprises in investing in joint ventures in Russia for logging, production of sawn timber, building materials, furniture, cellulose, paper and other products in, particularly, regions in the Far East and East Siberia". Moscow and Beijing have agreed to diversify Russian-Chinese trade turnover, including in favour of high technologies. "The commodity pattern of Russian-Chinese trade is to be improved and diversified, the share of advanced machine and equipment products increased", the Plan of Action notes. Towards this end, it has been decided to "provide assistance to the arrangement of cooperation between the involved enterprises and companies of the two countries in such areas as the manufacture of communication equipment, vessels, household electronics, information technologies, energy equipment for thermal and hydraulic power stations, nuclear power stations, ore-mining equipment, civil aircraft, automobiles and automobile engines". The development and introduction of high and new technologies are also provided for. Also, Moscow and Beijing have agreed to "actively realise the cooperation project for building floating nuclear power stations". Russia and the PRC pledge to "ensure equal and transparent conditions for the participation of Russian and Chinese companies and enterprises in the other Side's international tenders for the supply of equipment and building of projects". "The sides confirm that trade-economic cooperation is an important part of Russian-Chinese relations of strategic interaction and partnership, will take the required and coordinated steps towards the expansion of spheres of mutual cooperation, ensurance of further growth in bilateral trade", the Plan of Action emphasises. Russia,
China State Their Positions on Problems
The joint declaration signed by Russia's President Vladimir Putin and Chairman of China's State Council Hu Jintao expresses concerns over the unending escalation of violence in Iraq. The two countries' leaders emphasized "the need of prompt stabilization of the situation through development of the internal Iraqi dialogue directed towards nationwide consensus over the main features of the future state structure." Russia and China also spoke for holding an international conference on Iraq, which could boost the Iraqi rehabilitation efforts. "The world community's interests require coordinated efforts to minimize the damage inflicted upon the international relations as a result of the Iraqi war," reads the document. Russia and China see the road map as the optimal way of settling the Palestinian-Israeli conflict, "which will lead these countries to joint efforts in maintaining peace and security." The sides spoke for achieving stable, just and comprehensive settlement of the Arab-Israeli conflict based on applicable UN Security Council resolutions. As for the situation in Afghanistan, Russia and China believe that "the priority direction is still the maintaining of stable security in this region and provision of Afghanistan with wide international support under the UN auspices all along the rehabilitation process." Russia and China, reads the declaration, intend to exert future efforts to counter the threat of drug trafficking coming from Afghanistan, including participation in such international efforts as establishment of outer anti-drug security belts along the country's perimeter. The sides also welcomed comprehensive dialogue between India and Pakistan. |