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Russian Direct Investment Fund to Announce Major Deals at China's Silk Forum

© AFP 2021 / MARK RALSTON

04:15 GMT 28.04.2017(updated 04:17 GMT 28.04.2017) Get short URL

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https://sputniknews.com/business/201704281053090946-russian-direct-investment-fund-silk-forum/

The Russian Direct Investment Fund (RDIF) will announce several major deals with biggest Chinese funds at the One Belt, One Road economic initiative conference in China, RDIF CEO Kirill Dmitriev said.

MOSCOW (Sputnik) — On May 14-15, Beijing will host One Belt, One Road summit, gathering leaders of 28 countries, including Russian President Vladimir Putin.

"We will have a number of major deals at the One Belt, One Road forum, we will have a number of big projects with China, including with the Rostec corporation in Russia, and during this summit we will be able to announce a number of important deals. We cooperate not only with the Chinese Investment Corporation… but also with other major Chinese funds," Dmitriev told reporters.

People wave a Chinese and a Union flags as they pose for photographs during a photcall to witness the departure of a freight train transporting containers laden with goods from the UK, from DP World London Gateway's rail freight depot in Corringham, east of London, on April 10, 2017, enroute to Yiwu in the eastern Chinese province of Zhejiang.

© AFP 2021 / Isabel Infantes

'New Silk Route, New World Order': First Freight Service to China Leaves UK

China's One Belt, One Road strategy was launched in 2013 and is aimed at developing infrastructure and strengthening ties between Eurasian countries, focusing on the land-based Silk Road Economic Belt (SREB) and the 21st-century Maritime Silk Road.

In 2012, RDIF and CIC established the Russia-China Investment Fund (RCIF) with $2 billion in capital to enhance the Russia-China economic, trade and investment relations.

Related:: Beijing Insists Absence of Western Leaders at Silk Road Forum Isn't Political

: Silk Road: New Zealand's Rapport With China 'Sets Example for Western Countries'

: China’s Maritime Silk Road to Potentially Encompass Australia and New Zealand

Tags:

New Silk Road, Russian Direct Investment Fund (RDIF), China, Russia

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