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China wants to boost crude oil trade with Russia

Messenger Online

Published: 19:49, 7 May 2024

China wants to boost crude oil trade with Russia

Photo: Collected

China counts on cooperation with Russia to increase trade in crude oil, Chinese Ambassador Zhang Hanhui said  on Tuesday (7 May), adding that Beijing was opposed to unilateral sanctions and other attempts to interfere in global commodities trade.

"In terms of market demand, energy cooperation between China and Russia holds many opportunities. I am certain that China and Russia will work together to uphold a healthy, stable trade in crude oil and other energy resources," the diplomat said in Moscow.

Ambassador Zhang said China had always contributed to efforts to protect global energy security in times of volatility in the global market, while opposing restrictions imposed on trade by other countries.

"China has been consistently opposed to unilateral sanctions and interference by third parties in energy commodities trade," he said.

The United States, Europe and their allies have imposed several rounds of sanctions on Russia's energy exports since February 2022 in response to its special military operation in Ukraine.

Messenger/Mumu

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