NUNZIUM

It was a hot plenary session on September 7 at the Eastern Economic Forum in Vladivostok. In this session president of Russia Vladimir Putin and Chairman of the Standing Committee of the National People’s Congress of China Li Zhanshu took the floor. Putin’s plenary session lasted approximately 37 minutes becoming the longest one compared to his previous speeches at this forum. He predicts that the competitiveness of European companies will decrease since the EU administration is forbidding access to raw materials and energy at affordable prices. In his words: “The level of quality of life Europe has attained is being burned to fuel this sanctions machine in the name of the so-called Atlantic Unity” and said that it will be no coincidence if the global dominance of some EU companies is going to be replaced by American counterparts. He stated that the Russian federation is launching a number of projects to develop Russia far-East with new cities and universities, with the aim to attract corporations and highly trained people from the world. In conclusion, he stressed that as most Asian nations have rejected sanctions imposed by Western countries the logic of cooperation, of pooling of potentials and of mutual benefit with reliable partners - in particular Asian countries - will allow for a sustainable long-term development and a flourishing economy in the future. By replying questions, Putin also stated that Russia has benefited from the military operation in Ukraine through strengthening Russia’s sovereignty. He also accused the EU of “cheating” to import of grain through Turkey, grain which would be destined to developing countries. However, he also admits there is no breach of any signed contract. As a remedy, he announces negotiations to limit grain export to Western destinations in order to favour poorer countries. On gas provisions to EU, which is currently stopped, he accused Ukraine and Poland of sanctioning and shutting down pipelines and UK to sabotage all efforts to repair Nord Stream 1 by leveraging maintenance contracts signed with the British division of Siemens - the company providing the turbine that needs repair. On the price cap decided by G7 on September 2 he stated that “this decision has no future” and that the EU attempt to restrict prices will instead lead to a price increase. He rejects allegations of Russia using energy as a weapon and confirms that gas pipelines will be built to increase delivery to China. Li Zhanshu, in his intervention, said that China is interested in the vision of a strong Asian economy and reassured his country’s cooperation with Russia “across the whole spectrum”. In his words: “China believes that Russia is an important partner in international cooperation and will continue to develop cooperation in trade, finance, technology, science, education, and culture”. He also stated that China is ready to actively contribute to the development of Russia far-East. Alongside Putin and Li Zhanshu, in the plenary session short talks were given by Myanmar’s Chairman of the State Administration Council Min Aung Hlaing, Armenian Prime Minister Nikol Pashinyan, and Mongolian Prime Minister Luvsannamsrein Oyun-Erdene.