POLITICAL AND ECONOMIC ASPECTS OF ENERGY COOPERATION BETWEEN THE RUSSIAN FEDERATION AND PEOPLE’S REPUBLIC OF CHINA
Keywords:
Russian Federation, People’s Republic of China, energy security, geopolitics, energy cooperation.Abstract
The global nature of international energy problems, their increasing politicization, and the objectively developed position of the Russian fuel and energy complex within the world energy sphere have made the energy factor one of the key considerations of Russian foreign policy. In the context of deteriorating relations with the West, Russia needs other political and, more importantly, economic allies for its further development. For this reason, the development of Russo-Chinese energy interaction is perceived as one of the dominant tasks of Russia’s foreign economic priorities and determines the relevance of this work. This paper aims to study the current conditions and constructive prospects of the energy dialogue between Russia and China. Additionally, it examines the main directions and problems of the interaction between the Russian Federation and the PRC, focusing on the key aspect of their relations—energy. The article notes that recently, the parties have reached a number of large-scale and long-term agreements in the energy sector. This allows for considering the evolution of energy cooperation between the Russian Federation and the PRC as an opportunity to reach a qualitatively new level and achieve strategic significance.
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