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    Russia's President Vladimir Putin (2nd L) and China's President Xi Jinping (2nd R) chat after shaking hands at the start of the ABAC and APEC Leaders' Dialogue at the Asia-Pacific Economic Cooperation Summit in Lima on November 19, 2016.

    Russian, Chinese Leaders Discuss ‘Coupling’ EAEU, Silk Road Trade Initiatives

    © AFP 2019 / Rodrigo BUENDIA
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    2016 APEC Summit in Peru (38)
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    Russian President and China’s leader spoke about the inclusion of EEU to China’s Silk Road Economic Belt, at a meeting in Lima, Putin’s spokesman said.

    LIMA (Sputnik) — Russian President Vladimir Putin and China’s leader Xi Jingling spoke of how to connect Russia’s Eurasian Economic Union to China’s Silk Road Economic Belt, at a meeting in Lima, Putin’s spokesman said.

    "The leaders spoke in favor of boosting cooperation with the APEC," Dmitry Peskov told reporters on the margins of the Asia-Pacific economic summit in Peru. "The leaders spoke in detail about the schedules of their future high-level contacts, discussed how to couple the EAEU and Silk Road projects."

    The EAEU is a Russia-led regional economic union that aims to tear down trade barriers between its members, namely Russia, Kyrgyzstan, Armenia, Belarus, and Kazakhstan.

    China has been spearheading its own economic area, which was proposed by President Xi in 2013. It will facilitate the direct flow of goods from the Pacific Ocean to the Baltic Sea. The project is intended to connect China with Europe and strengthen economic ties between Asia, Europe and the Gulf states.

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    2016 APEC Summit in Peru (38)

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    meeting, Silk Road, discussion, EEU, Vladimir Putin, Xi Jinping, China, Russia, Lima, Peru
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