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The Russian oil industry has been overwhelmed not only by the struggles of companies such as Yukos and political differences between countries, but also by repeated security violations. From the Kazakh riots[76] to endless environmental concerns [77] [78] [79], but the latest capsizing of an oil rig authorized to operate in the north at the end of the season and towed in adverse maritime conditions. [80] Incidents like this cannot help but produce the potential foreign investment the region needs in terms of the reliability of Russia`s energy supply. [after whom?] rt. 2019. Russia`s trade with China increases to more than $107 billion. January 14th. In September 2004, Chinese Prime Minister Wen Jiabao met with Russian Prime Minister Mikhail Fradkov in Moscow. the two heads of government signed agreements, reaffirming Russia`s promise to define the route of a pipeline project linking Eastern Siberia to the Pacific, prioritizing the establishment of a pipeline to China, and increasing rail oil exports to China to 10 million tonnes (200,000 b/d) in 2005 and 15 million tonnes (300,000 b/d) in 2006.

[41] Four days before Wen`s visit, Yukos, then Russia`s largest oil supplier to China and Russia`s largest oil producer, publicly announced that rail shipments of crude oil to the China National Petroleum Corporation (CNPC) would end on September 28, 2004. A month earlier, the Kremlin had begun auctioning off the troubled company`s assets in August. [42] Lo, K. 2018. The United States notes that the Chinese and Russian militaries are closer than you think, said the Chinese defense minister. South China Morning Post, April 4. 39 Michael Kofman, “Towards a Sinorusse Agreement?”, Riddle, November 29, 2019. Simmons, A. 2019. At the great Russian border, many free countries and few buyers. The Wall Street Journal, October 24. Lo, K. 2019. China is strengthening its presence in Russia`s former Central Asian backyard. South China Morning Post, August 25, Ng, T.

2014. China and Russia are committed to strengthening their relations and cooperation. South China Morning Post, October 15. Gady, F.S. 2019. China-Russia: the 21st century Cordial Agreement? October 7, EastWest Institute. Russia`s defensive interests limit the most ambitious proposals for further integration.

Russia is advancing the EAEU and has pursued relatively modest trade agreements with external partners to protect its weaker industries13 The EAEU-China trade agreement, which came into force last year, does not reduce tariffs. Representatives of the Russian government also opposed the creation of a free trade area comprising members of the Shanghai Cooperation Organization. Given The size of China, it is likely that Russia will continue to avoid deeper free trade agreements.

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