Turnover between Moscow and Beijing could surpass $200 billion by the end of the year, Igor Sechin has suggested
Moscow is on course to become Beijing’s largest foreign trade partner, after the US, Rosneft CEO Igor Sechin told the Russian-Chinese energy business forum in Beijing this week.
China has been Russia’s largest trade partner for over a decade while this year Moscow placed fourth on Beijing's list, but this year’s surge in bilateral trade signals a change in rankings, he stated.
“If such bilateral trade dynamics continue, Russia may become China’s second largest trading partner after the US in the coming years,” Sechin suggested, noting that this would rank Russia ahead of Japan and South Korea. Both countries have seen a sharp drop in bilateral trade with Beijing, he added.
Sechin observed that trade turnover between Russia and China has jumped by nearly 30% in the first nine months of the year, to roughly $176 billion.
“There is every reason to believe that trade turnover between our countries will exceed the target of $200 billion this year,” he said.
Total turnover over the past five years has grown to $660 billion, with energy making up more than 75% of Russian exports to China, Sechin added.
The Rosneft head noted that both China and Russia are currently carrying out “structural reorganization of the economy under increased external pressure,” referring to sanctions imposed by Western nations, which have largely targeted Russia, but also partly Chinese companies, especially in the tech sphere......More Below
https://www.rt.com/business/585525-russia-china-trade-surge/
The Islamic Revolution Guards Corps’ (IRGC) Intelligence Unit says Iran will consider the Israeli regime’s shelters “legitimate targets” if residential areas in the country come under attack.
In a post published on social media platform X on Tuesday, the IRGC said that any strikes on residential areas in Iran would give Iran’s armed forces the right to attack Israeli shelters in the occupied lands.
The IRGC stated that it has intelligence on the blueprints and the exact locations of these shelters.
Iran began its Operation True Promise 4 after the US and Israel launched their joint military aggression against the Islamic Republic in late February by assassinating Leader of the Islamic Revolution, Ayatollah Sayyed Ali Khamenei, and several senior Iranian officials.
In its latest wave of attacks, the IRGC said it rained down missiles on the Israeli regime’s “secure” intelligence facilities in Tel Aviv.
Iranian armed forces have also pounded American military bases and ...
In a fresh wave of retaliatory strikes, the Islamic Revolution Guards Corps (IRGC) targeted the Israeli regime’s “secure” intelligence facilities in Tel Aviv.
The IRGC’s Public Relations Department said in a statement on Tuesday that it had carried out the 79th wave of its ongoing retaliatory Operation True Promise 4 against the Israeli and American targets.
Deploying powerful Kheybar Shekan, Emad, and Sejjil missiles alongside IRGC Aerospace Force kamikaze drones, the operation successfully breached the regime's multi-layered air defense systems, the statement said.
The missiles, it stated, targeted Israel’s intelligence facilities in northern and central Tel Aviv, as well as military commercial and support centers in Ramat Gan and the Negev.
The missiles also hit Israel’s southern military logistics and command headquarters in Beersheba.
The missile strikes triggered widespread panic across Israel and forced the suspension of a Knesset (parliament) session on Tuesday.
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The Islamic Revolution Guards Corps (IRGC) announces staging the 78th wave of its underway retaliatory Operation True Promise 4, targeting such highly sensitive Israeli targets as Dimona, Tel Aviv, and Eilat as well as several US military bases in the region.
In a statement on Tuesday, the IRGC described the latest phase of the operation as a significant development featuring missiles raining down on enemy targets as the nation was leveling momentous support behind the Islamic Republic by attending millions-strong rallies with "clenched fists."
'A distinct record'
The latest phase, it noted, "has set a distinct record in the timeline of the war."
According to the statement, targets in the occupied port of Eilat, Dimona, a heavily fortified city that hosts the Israeli regime's notorious nuclear reactor in its vicinity, and northern Tel Aviv were struck using Emad and multi-warhead Qadr missile systems along with attack drones.
This was the second time the Corps was hitting Dimona, ...
