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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Africa Europe Latin America Middle East North America Search Search: Russia wants 'strategic partnership' with US: Medvedev AFP - 42 minutes ago WASHINGTON (AFP) - - Russia has a "strategic partnership" with China and wants to have similar relations with the United States, Russian President Dmitry Medvedev said Saturday. Medvedev, speaking at a public forum in Washington, described Russia's relations with China as a "strategic partnership" that is "a very good, full-fledged, friendly exchange." "Of course I want to have the same kind of relations with the United States," he said in Russian, according to a translator. The event, hosted by the Council on Foreign Relations, followed a financial crisis summit of the leaders of the Group of 20 major industrialized and emerging economies, which Medvedev attended. Medvedev said he would meet with Chinese President Hu Jintao immediately after the public forum. The Russian president noted the two countries' strong economic ties, evidenced by bilateral trade of approximately 50 billion dollar this year. Russia, rich in oil and gas, and China, with its booming economy, late last month signed a deal to build an oil pipeline from Siberia to China after talks between Prime Minister Wen Jiabao and Russian counterpart Vladimir Putin. "We should deepen cooperation in the energy sphere. Long-term cooperation will help economic development and stability on world markets," Wen said at the opening of a Russia-China business conference with Putin in Moscow. Even after lengthy negotiations on energy ties between the two neighbours, Russia is still only the fifth-largest exporter of crude oil to energy-hungry China, despite being the world's number two producer after Saudi Arabia. Amid lower energy prices, analysts say China is now seizing its chance. During his visit, Wen also said that Russia and China could help boost global economic stability through greater cooperation. "Russia and China are growing economies with major influence in the world ... They can help strengthen the world economy," Wen told investors in Moscow. "We should strengthen ties, look together at anti-crisis measures and coordinate macroeconomic policy," he added. China and Russia have been hit by the global financial crisis, with slowing demand in a faltering global world economy pressuring key industries such as construction and energy. But both countries are expected to continue to post strong, although somewhat weakened, economic growth. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: World Earthquake rattles El SalvadorAP - 25 minutes ago Econ summit vows action _ takes few concrete stepsAP - 26 minutes ago LA police: Fire at trailer park might be deadlyAP - 30 minutes ago Russia wants 'strategic partnership' with US: MedvedevAFP - 42 minutes ago Mobile home park is ground zero of Calif. wildfireAP - 54 minutes ago Enlarge Photo Russian President Dmitry Medvedev (L) speaks during his meeting with members of Council on Foreign Relations at the G20 Summit in Washington, DC. Russia has a "strategic partnership" with China and wants to have similar relations with the United States, Medvedev said Saturday. Most Popular – World Viewed Obama rumored to favor Clinton as top diplomat Bin Laden is isolated, focused on his own security: CIA Earth would be heading to a freeze without CO2 emissions Ancient 4,300-year-old pyramid discovered in Egypt US space-funeral company plans to launch lunar cemetery View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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