China and Russia pledged to strengthen financial and economic cooperation during their 11th ministerial dialogue in Beijing, highlighting plans for joint action in global governance and multilateral institutions.
Chinese Finance Minister Lan Fo’an and his Russian counterpart Anton Siluanov co-chaired the 11th China–Russia Financial Ministerial Dialogue in Beijing on Tuesday, reaffirming both nations’ commitment to deeper fiscal and macroeconomic cooperation.
According to an official statement, the two sides held in-depth discussions and reached broad consensus on issues ranging from the macroeconomic situation and policy coordination to sub-national fiscal management, think tank exchanges, and joint engagement within the frameworks of the G20, BRICS, and other multilateral financial institutions.
Lan said China was willing to “conduct in-depth exchanges with Russia on the macroeconomic situation and policies of both countries, so as to promote and support each other’s development and rejuvenation, and inject stronger impetus into global development.”
He added that China is ready to advance financial and economic policy coordination with Russia “to achieve a higher level of mutual benefit and win-win outcomes,” while also working together to promote a fairer global economic governance system.
The minister underlined that China and Russia are key trading partners, expressing readiness to enhance cooperation in finance, taxation, securities, and insurance.
Lan also said Beijing stands prepared to cooperate with Moscow in implementing the Global Governance Initiative, supporting the New Development Bank (NDB) and ensuring the stable operation of the Asian Infrastructure Investment Bank (AIIB). He further called for accelerating the establishment of a Shanghai Cooperation Organization (SCO) Development Bank.
Officials from both countries’ financial departments attended the meeting, which reaffirmed Beijing and Moscow’s growing coordination in economic policy and global financial institutions.
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German Defence Minister Boris Pistorius on Friday suggested a potential link between recent drone incidents in Belgium and discussions surrounding the use of frozen Russian assets, held by Belgian financial institution Euroclear, to fund a substantial loan to Ukraine.
Iranian President Masoud Pezeshkian stated on Friday that while Iran seeks peace, it will not be pressured into abandoning its nuclear and missile programmes, according to state media reports.
Explosions at a mosque in Jakarta, Indonesia, during Friday prayers have left dozens injured, with officials suggesting it could have been an attack. A 17-year-old student has been identified as the suspected perpetrator.
More than 10,000 supporters of Serbian President Aleksandar Vucic rallied in Belgrade on Wednesday to show their backing for the populist leader’s policies, following a year of anti-government demonstrations.
Israel launched airstrikes on southern Lebanon after ordering evacuations, accusing Hezbollah of rebuilding its forces despite a year-old ceasefire, as Lebanon and the United Nations warned of renewed border tensions.
U.S. President Donald Trump personally urged Chinese leader Xi Jinping to release imprisoned Hong Kong media tycoon Jimmy Lai during their meeting in South Korea last week, according to three individuals briefed on the discussions and a U.S. administration official.
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North Korea has condemned U.S. President Donald Trump’s administration for imposing new sanctions it described as “antagonistic,” vowing to deliver a corresponding response, state media outlet KCNA reported on Thursday.
Azerbaijan has no plans to deploy peacekeepers to Gaza unless there is a complete cessation of hostilities between Israel and Hamas, an Azerbaijani Foreign Ministry official told Reuters on Friday.
German Defence Minister Boris Pistorius on Friday suggested a potential link between recent drone incidents in Belgium and discussions surrounding the use of frozen Russian assets, held by Belgian financial institution Euroclear, to fund a substantial loan to Ukraine.
Iranian President Masoud Pezeshkian stated on Friday that while Iran seeks peace, it will not be pressured into abandoning its nuclear and missile programmes, according to state media reports.
Explosions at a mosque in Jakarta, Indonesia, during Friday prayers have left dozens injured, with officials suggesting it could have been an attack. A 17-year-old student has been identified as the suspected perpetrator.
Four people have died and three others have been injured after a helicopter crashed into a home in Dagestan, Russia on Friday.
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