Presidents agree to closer ties between Silk Road Economic Belt and EEU

Presidents Jinping and Putin in Moscow May 2015

Presidents Jinping and Putin in Moscow May 2015

Silk Road Economic Belt: China and Russia have agreed to work towards closer integration between Beijing’s Silk Road Economic Belt initiative and the Moscow-led Eurasian Economic Union after President Xi Jinping’s visit to Moscow this weekend. “The talks concluded with the adoption of a joint declaration on deepening comprehensive partnership, strategic cooperation and the promotion of mutually advantageous ties as well as a joint declaration on cooperation in coordinating development between the Eurasian Economic Union and the Silk Road Economic Belt,” the Kremlin confirmed in a statement released after the talks. 
Agreements over the Moscow-Kazan high-speed rail link, the Moscow-Beijing Eurasian high-speed transport corridor priority project, and reciprocity between the Chinese BeiDou and Russian GLONASS navigation systems were also signed off during the Chinese President’s visit.