Updated on 03:22 p.m. Moscow Time
GORKI (Moscow Region), September 8 (RIA Novosti) – Russia and China plan on signing an agreement in October on a technical project for long-haul wide-bodied aircraft as a means to substitute foreign purchases, Russian Deputy Prime Minister Dmitry Rogozin said Monday.
“In October, we should sign as the United Aviation Construction Corporation a technical project with our Chinese colleagues on long-distance wide-bodied aircraft. The market in China is large enough to make this production cost efficient,” Rogozin said during a meeting with Prime Minister Dmitry Medvedev.
Russia has been strengthening its cooperation with Asia-Pacific nations, particularly China, in view of the economic sanctions that the West has been imposing against Moscow following Crimea’s reunification with Russia.
In May, Russia’s gas giant Gazprom and China National Petroleum Corporation (CNPC) signed a 30-year agreement on the annual export of around 38 billion cubic meters of Russian gas to China.
On September 1, Russia launched the construction of the 3,000-kilometer (1,860-mile) Power of Siberia pipeline in Yakutia.
According to Russian President Vladimir Putin, the new gas pipeline will significantly strengthen Russia’s cooperation with the governments of the Asia-Pacific region.