Ukraine: Putin says he is “grateful” to China for its peace “initiatives”

Ukraine: Putin says he is “grateful” to China for its peace “initiatives”
Ukraine: Putin says he is “grateful” to China for its peace “initiatives”

Russian President Vladimir Putin said Thursday he was “grateful” to China for its peace “initiatives” regarding the conflict in Ukraine, which the Russian army invaded more than two years ago.

• Read also: Putin in China seeking support for his war in Ukraine

• Read also: Xi Jinping expected on a state visit to France on May 6 and 7, Ukraine on the agenda

“We are grateful to our Chinese friends and colleagues for the initiatives they are putting forward to resolve this problem,” the Russian president said in a press statement in Beijing alongside his Chinese counterpart, Xi Jinping. , on the first day of a state visit.

Beijing, which has never condemned Russia, calls for respect for the territorial integrity of all countries, including Ukraine, while urging consideration of the concerns of its Russian ally.

The West, allies of Kyï, would like to see China use its influence on Russia to put an end to its invasion launched in February 2022 and which Moscow presents as a war with the West.

Russia, for its part, claims to be ready to discuss on the condition that Kyiv agrees to lose the five regions that Moscow occupies in the East and South, which would amount to capitulation.

The Russian president also stressed that Moscow and Beijing were opposed to any “closed” political and military alliance in the Asia-Pacific region, a remark directly aimed at the United States, in competition with Beijing in the area and which cooperates there with Australia and the United Kingdom (under the English acronym AUKUS) to counter Chinese influence.

“We think it is very harmful and counterproductive to create such alliances,” denounced Mr. Putin to journalists.

On the first day of his trip to China, his first abroad since his re-election in March, Vladimir Putin also welcomed the “strengthened” economic cooperation between Moscow and Beijing, a “priority” in his eyes.

“The share of the ruble and the yuan in commercial transactions between Russia and China already exceeds 90%,” he welcomed, at a time when the dedollarization of the Russian economy is a main issue for the Kremlin, for mitigate the effects of Western sanctions.

“(This) means that mutual trade and investments are reliably protected from the influence of third countries,” he noted.

However, some Russian companies have encountered problems in recent months making transfers to Chinese banks, as some have simply stopped transactions for fear of secondary sanctions from the United States.

If Vladimir Putin did not directly raise the problem on Thursday, he indicated that he wanted to “strengthen contacts” between the two countries on the subject of banking transactions.

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