minister vladimir putin i represent gazprom currently trying to hammer out a deal with president hu jintao of china and representatives from the chinese energy provider now it just seems that whether you're buying a used car on the go she ating the finer points of a multi-billion dollar gas agreement both sides are always going to want the best deal for themselves of course russia the best price for the gas they are providing and china are wanting the gas they need so badly through fuel economy economic growth for the price they want to pay so whether a deal is done this evening gazprom headquarters or it's done the economic st petersburg which is coming up shortly it is about to get done now president hu jintao has said. he'll natural gas is an important component of russia china relations so there's no underestimating how important this is to both sides and say the price as always seems to be the final thing that needs to be ironed out as you say you know there are certainly some important issues to iron out for this big deal to go through. we're seeing a very friendly meeting between th

going to get some more analysis on hu jintao visit to russia from alexander lukyn from the most. state university of international relations the director of shanghai cooperation organization center there thank you very much for joining me today so the chinese leader says that his country holds its energy cooperation with russia in a high regard but there have been some disagreements over the prices recently haven't there how does that affect the relationship between them if you mean political really really should put doesn't affect in any way because i mean there's just a commercial issue so to shoes or usual in the relationship between many countries or i would say commercial partners or companies for it doesn't influence it's ok so there's nothing to do with politics here this is a commercial venture but china's economy is predicted to soon overtake america to become the world's number one how does russia feel about having such a powerful neighbor do you think first it's too premature to say that because china has a jew just over kim japan last year so there is to some time we

as we heard yesterday from kazakhstan where hu jintao attended at the air sea or. cooperation organization i believe they offer sholay or paul's to for the military escalation the call for the peaceful resolution. and for any follow the military strike going is to leave i believe russia and china are together with other central asian nations are trying to do more clearly more positive more i would say constructive and aggressive role to stop the military intervention in libya up by u.s. and nato forces. as you're saying the asian countries that attended the. yesterday are are opposed to any further escalation in the military intervention in libya and potentially in syria but now it appears all smiles between medvedev and hu jintao but they haven't always been agreements when it comes to russia's gas supply to china this is this is a commercial interest not a political one but all the disagreements likely to be we've certainly seen some bickering going back and forth about the potential price of this gas exchange. according to chinese media as far as i read it seems

russian chinese relations was the message from president to me to madrid it also talks with china's hu jintao in moscow the two leaders have now moved to st petersburg for the city's international economic forum the. way it's calling the three seasons brainstorming event and joins us now and the president did a visit in the form in just a few minutes time though there are many issues to discuss more to be the priority . of this of course is a venue that world leaders and business executives and n.g.o.s can get together and really. to discuss the issues i have to say just from what i've seen so far it's really done in a very informal manner so they really get to talk and it's very open and transparent and literally hundreds of people can watch these discussions openly this year it's expected that russia and china are going to be the big players like you said president medvedev expected very shortly to begin the opening speech and following him will be his chinese counterpart hu jintao we'll be bringing you that live of course here in r.t. but we are expecting to hear some very common themes fr

chinese relations that was the message from president dimitri medvedev after talks with china's hu jintao in moscow the country's hope to gas deals worth billions of dollars i think moved to st petersburg the city's international economic forum he's nice and always following the three day business brainstorming event. the economic forum is in full swing here in st petersburg top business executives global innovators and world leaders all gathered together to debate moves forward economically and environmentally on various levels it's considered that this year the big players are close loss and china because of all the euro and dollar are struggling serbia really these two countries are not only developing separately but dynamically in their bilateral cooperation in fact it's come out statements from both sides recently that china and russia can say that they have not only overcome the consequences of the economic crisis of two thousand and eight but they have beaten the record bubbles a great cry. says levels and that can allow them to set ambitious tasks to further intensify bilateral tr

partnership that has the potential to go even stronger and that is definitely something that both hu jintao and timothy mcveigh did will be looking to achieve during this meeting most people do seem to think that the questions of both syria and libya will definitely be raised during the chinese leaders time here in moscow we know that in the easing of s c o countries where the two leaders met a disagreement of some sort was reached in both sides do seem to share the position that a military presence or a military intervention is definitely not the correct solution and will not bring peace to libya and the diplomatic ways. to resolve the conflict should be sought after and now before i should be preferred over any kind of military presence in that area of course we do know that both sides do seem to agree on that position in regards to only with libya but also with syria the bull's eyes are gates any sort of potential intervention or even potential un sanctions and that is something that is most likely going to be reiterated once again that shared position here in moscow. caterina's arms the

you had hu jintao and president dimitri medvedev meeting. the reason i say it this way.om the east. china, 10%. russia struggling to come up to 8% it had new 206. it's still 4% less. these two leaders have two different agendas. let's start with president medvedev. you can almost call it a political manifesto. he talked about the stagflation and stagnation in the russian economy. he's trying to step himself from the prime minister of vladimir putin. the two may be vying for the presidential seat in march of 2012. we're told by sources on the ground we'll probably get a better indication of that in autumn of this year and hu jintao takes to the stage. now, he's quite availed in his comments. you see china going from 3.6%, up to 6%. it's still far behind the u stace and the collective states of the european union. discussions about the world order from hu jintao and from medvedev. >> it makes you wonder about the money. making deals with each other, billions of dollars of deals and countries in europe barely staying alive. >> yes, indeed. now, a couple of things on the dea

hu jintao is attending here and is in moscow right now.e had discussions with at bui dhabi investment authority and the kuwaiti investment authority as well. $50 billion if they can get it, over a five-year period to start new companies in russia. >> you know, john, the economic prognosis for russia if you listen to reports from, for instance, the imf is still the same. it hasn't really changed in the last five years. the russia's economy is too dependent on the oil and gas money. if they're doing privatization with countries like qatar, that still doesn't solve the problem, does it? >> it's at the heart of what this meeting in st. petersburg is all about, nina. i saw the imf report. basically russia is at 4 to 4.5% growth in 2011. that's half of what they had precise is. 2007 they had 8.5%. as a result they've seen their foreign direct investment drop in half. what they're trying to do here is saying we need to go beyond oil and we need to diversity. they're targeting $59 billion of privatizations in 2011 to 2013. the aid with that we ear

yes the chinese our president hu jintao is talking. giving a speech at the petersburg international the economic forum before him a present dimitri medvedev gave his keynote speech where the theme was very much about modernization and more on this let's cross to you and he saw no way following the form for us so what do you make of what the two leaders have said so far. but you said it right the speech began and focused a lot on modernization this has been the trademark really of this presidency he wants russia to modernize quickly and you start off by saying that you think it needs to also start happening at the lowest levels that society has to have the desire to modernize russia a lot of c.e.o.'s hear of innovative companies start ups like google eric schmidt is here and it's expected that president visited will be meeting with these people that really know how to do that and trying to get ideas from them he also of course spoke about the russian economy and laid out what he thought its future needs to look like and that began with

to moscow to strengthen trade ties that are boasting two of the world's major emerging economies hu jintao and president beautiful also addressed the current crisis in north africa and the middle east and. the fate of colonel qadhafi is the focus of the talks between russia's and wait to be the government in tripoli the meeting comes as moscow attempts to negotiate an end to the country's civil war. the greek promises a reshuffle of his cabinet after violin and his charity protest. hundreds of bands of their anger at plans for a new public at securing more international financial aid for the country. of iranian president's pledge not to pursue a nuclear deterrent artie's spoke with iran's envoy to the un's nuclear watchdog he told my colleague there's no question his country's nuclear program is peaceful. now iran is promising transparency and constructive interaction with the un's nuclear watchdog a few days ago the e.u.'s foreign policy chief baroness ashton called on to iran to prove its peaceful atomic intentions this during an exclusive interview with us here at r.t. and we can now ta

china for thirty years prime minister vladimir putin and representatives from welcomed president hu jintao and a delegation from the chinese state energy provider his headquarters to try and iron out what's essentially the final wrinkle in the deal not final wrinkle is the price just how much russia will charge china for providing them with tons of of natural gas over. a year period now russia saying that they want three hundred sixty dollars thousand cubic meters now that's the market rates the rate that russia charges europe today gas china are saying they're looking for a discount they want to they don't want to pay that much for this gas by no stretch of imagination is this deal going to be dead in the wall to overprice this deal is just too important to both sides this is a mutually beneficial deal russia wants to sell china the gas over the thirty year period because they're going to make a lot of money out of selling china at once the gas because they need to fuel the essentially race car that is their economy and they need that gas in order to provide that race car with fuel talks

the gathering in st petersburg calling for common efforts to get the global economy back on track hu jintao described the recovery as slow and fragile and said more reform is needed hu jintao described the recovery as slow as he said that followed his trip to moscow where talks failed to decide on a price to ship russian gas directly into china last year moscow and beijing agreed to start supplies of siberian natural gas to energy hungry kind of through a new pipeline which should be built by twenty fifteen dr biology shoes an expert in russia china relations is optimistic but says a deal worth a trillion dollars takes time. negotiation will be tough there will be a lot of terms that need to be determined negotiated it takes time but i'm basically optimistic about finding a deal out of italy because of the fundamental factors are there this economy is a highly complimentary to each other so it must even be you it's find it will be a win win situation russia need to be more diversified in terms of the market. wants to also was about worth the fight it's the supply of energy sources for insta

the forum here and hammering out the final details on an enormous gas deal with russia hu jintao and dmitri medvedev sitting down to work out the final details of that so there's a lot of into. informative and interesting things that are going on here at the economic forum also hearing from a lot of important players and guests in the business community here in russia among them the head of cisco's emerging markets who talked about the challenges of the russian population centers places where people live that are far flung out there and technology is role in bringing them all together. russia has the largest land mass in. the war does the largest country by size but the population clusters are centered and far remote from each other from the eastern united states to the western united states a five hour flight from eastern russia to the side of russia is an eleven hour flight so how do you use technology easy to connect. these of them the remote the people the remote locations to create a crowdsourcing environment where you can drive innovation is the challenge for the country for ed

it's something that is trying to bring more together here through the conference chinese president hu jintao in russia and he's going to be helping hammer out the final details of a gas deal between russia and china and that's something that is going to be under discussion in moscow and here in st petersburg when they put pen to paper on that deal again that ten billion dollars private equity fund also going up for discussion here is something that is designed to bring more business and investment to russia now just a step back just to give you a big picture of what's going on here last year's theme was modernisation and diversification and the. inception of moscow as a global financial center also. trying to continue bringing business and investment to russia now this year's conference has a budget of thirty two million dollars two thirds of that coming from sponsors and that's ten percent more than last year so you can see that this conference is something that's gaining steam here the general partners the major players spare a banker ross nafta and gatt as all russian companies large ones

the relationship between moscow and beijing mother goes without saying no which would be out of an hu jintao man on wednesday as you know at the summit of central asian states where the question of libya and syria was raised so is there. and understanding on this issue there. it does seem to be the case as you say both that the issues of syria and libya were raised that both sides did reiterate once again the position that diplomatic solutions are the only way to broker peace in that already volatile region that a military intervention such as the one we're seeing in libya right now is by no means are helpful a solution that will not a solution at all according to both russia and china that military intervention will only serve to worsen the situation in that region specifically we know that russia has frequently opposed the intervention and also said that it will not back it would resolution on syria should that matter arise whatever the circumstances so both sides do seem to believe that negotiations are the only way forward and many of course are expecting the leaders to reiterate the opp

to stand we got off with an address from iran we had madrid madrid if the announcement beautiful hu jintao meeting in moscow that you know if there are they said they poised to go to the i knew economic forum in the next few days off they've had concrete discussions today. we do know that it was intel is expected to arrive at the st petersburg economic forum we know that is on his at ten area after his time here in moscow both him and his russian counterpart to meet. they are expected to make their way down to st petersburg and participate in that forum and of course that is yet another indicator of this strength of the partnership between moscow and beijing the high hopes that they place on cooperation from each other and of the various economic benefits that of course could be reaped from their partnership that increased meant that pledged to increase bilateral trade turnover is definitely no mean feat more than doubling it in under ten years so there's definitely going to be some more discussions at the st petersburg economic forum perhaps more concrete deals signed not only between the

on the table here in st petersburg we're expecting to hear from president medvedev and president hu jintaohings that are going to be brought to you live here on our team as we get them so lots going on here a lot to talk about i've got many important exciting guests and among them right here with me now catherine t.-bo she's the managing director of troika dialog thank you very much for joining us here on r.g.p. thanks for your time so the first question that we have what are investors hoping to get from this forum what are you hoping to get from this forum what do you think comes out of all this. the good the promise of the embodying of the pope's them from the investors coming to this place i think there's a lot of hopes in terms of getting a sense of the direction of the russian economy and how it's it's being in full thing. the global economy there's a little hopes into making that working and getting you know acquainted with the right partner is making some contacts and suddenly the business part of it the business potential is certainly there on the table and there hopefully are goin

as you know, one month ago, chinese president hu jintao paid a visit to this country and held productive talks with president obama. both our leaders declared their commitment to building a cooperative the partnership based on mutual respect and mutual benefits. his visit is important and will surely give new impetus to the overall development of our bilateral relations. in all 50 states, the state of california and san francisco, in particular, will benefit from this. this year is also a remarkable year for san francisco. for the first time in its 162- year history, you have and we have four asian american supervisors. and the first time in history, we have a chinese-american mayor. it is not only, i think, a recognition of asian americans, chinese americans, but of the contribution to the overall development to the city, and also, a vivid expression of the cultural makeup of san francisco which made the city so dynamic, strong and beautiful. ladies and gentlemen, the chinese counsel stands ready to work with you in the future to work and make san francisco -- as mere ly said -- the bes

a moscow to strengthen trade ties that are boosting two of the world's major emerging economies hu jintao and president medvedev will also address the current crisis in north africa and the middle east. and the fate of colonel gadhafi is the focus of the talks between russia's envoy to leave yes and the government in tripoli i mean comes as moscow attempts to negotiate an end to the country's civil war. the group pm promises to resell for his cabinet after violent protests absence hundreds end of the year and. plans for a new public cuts aimed at securing more international financial aid for the country. just may have lines here with us for more of the top of the hour work but meantime that we examine the trail of u.s. military bases left behind after every conflict washington is involved in. beginning in the 1980's the belief is slowly taking over the world that new liberal globalization with its built himself regulating mechanisms would finally do away with old institutions like the state and the military and would usher the planet into an era of relative peace and prosperity free trade

in the russian market will grow he sees top guest expected at the forum is the chinese president hu jintao one of the key two weeks to be discussed the big room when wrong. groups economies come to be russia as a nation before because of muskies is also to stay in the cities again. for the report to mention foreign investment for investment is the word in the russian foreign policy for the last couple of years how useful is the forum for attracting foreign investment to russia. it's obvious reason. and obvious. usefulness of this useful use for this. forum because. due to high level of presence on the official officials president of russia presence of other country's premier ministers for the country is the biggest big businesses are ready to participate and to take a part and discussion and the pair will contact with russian companies. this is a good opportunity for the businesses to water phones themselves until maybe two or some first contacts maybe to sign contracts so i think it's obviously what are the main weakness is russia in their eyes for investors it. is very well known but i w

hu jintao met omar al bashir wednesday. the official chinese xinhua news agency said hu would keep his friendly policies toward sudan in place despite the change in the african nation's domestic affairs. hu pledged continued cooperation in resource development and agricultural assistance saying he backs investment in sudan by top rated chinese businesses. there has been global concern over china's invitation to bashir who is wanted for genocide in darfur. in january, people in southern sudan voted in a referendum and overwhelmingly chose to separate from the north. the south will declare independence on july 9th. observers say china aims to maintain its rights to oil and other resources in sudan by reaffirming ties to its current government andorging a relationship with the newly independent south. >>> time to check on some of the stories we've gathered from broadcasters around asia. we begin with this item sent by ddi india. the prime ministers of india and new zealand met in new delhi tuesday to discuss ways to boost bilat

companies in the russian market will grow he sees top gast expected before him is the chinese president hu jintao one of the people to be discussed his big role when wrong. greeks economies come to the russians and they should be the focus of masti swarm isn't to stay in the sleazy g.m. . but are reporting mentioned foreign investment for investment is the word in russian foreign policy for the last couple of years how useful is the forum for attracting foreign investment to russia. it's obvious reason. and. usefulness of this useful use for this. forum because. due to high level of presence and official officials present of russia presence of either the country's premier ministers or cancerous the biggest big business a syringe to participate and to take a part in discussion and to have a contact with russian companies. this is a good opportunity for the business and store to phone themselves until maybe two or some first wanted some able to sign contracts. obviously what are the main weaknesses russia in the eyes of for investors. is very well known but i would like to start with one of the wea

and all the people of the republic of china hu jintao. you see president dmitri meant to be. distinguished guests dear colleagues ladies and gentlemen dear friends. and. it gives me great pleasure to be here in a beautiful northern capital of russia for the saying you just burke international economics for twenty eleven. so let me begin by offering my heart to graduation on the successful opening of the forum. things it's a launch in one thousand nine hundred seventy today as. it has grown into an important. call it discussions on economic development in russia and beyond. attracting out tending representatives of different sectors it has enjoyed rising global influence in the past fifteen years this forum has witnessed the sustained and faster growth of the russian economy and contributed to international economic exchanges and crow pleasure and we applaud the positive role this forum has played over the years and you see our world is experiencing major development transformation and adjustment. there is a stronger call development alterations among the people. see the trend

russian president dmitry medvedev and chinese president hu jintao met on wednesday. they will boost to $2 billion. >> reporter: energy is a key area to practical cooperation between china and russia. both sides want to keep pushing forward with this on a mutually beneficial and win/win basis. >> in addition, the two leaders announced that joint declaration on international affairs charging that air strikes on libya by nato goes beyond the mandate of a united nations security council resolution. they also agreed to cooperate on finding solutions to iran and north korea's nuclear programs. >>> north korea has urged south korea to return nine people who crossed a maritime border in the yellow sea on two small boats last week. a south korean patrol boat spotted the boats near the south korean eye lan of yeonpyeong last saturday. the north korean red cross thursday sent a written message and demanded the south immediately send the group back. the south's government said the group is from south huayhei province in north korea. all nine reportedly asked for political asylum

is in moscow to strengthen trade ties there boosting two of the world's major emerging economies hu jintao and president to be able also address the current crisis in north africa and the middle east. the fate of colonel gadhafi is the focus of the talks between russia's envoy to lead the ama government and tripoli the meeting comes as moscow attempts to negotiate an answer to the country's civil war. the greek pm promises there a shuffle of his cabinet after a violent end to a staring protest should athens hundreds of fans at their anger up plans for a new public cuts aimed at securing more international financial aid for the country. well just hours after a pledge by the iranian president not to pursue a nuclear deterrent spoke with iran's envoy to the un's nuclear watchdog he told my colleague shay there's no question he's country's nuclear program is peaceful. now iran is promising transparency and constructive interaction with the un's nuclear watchdog a few days ago the e.u.'s foreign policy chief baroness ashton called on tehran to prove its peaceful atomic intentions this during an

northern capital and called for more efforts to the global economy by on an even keel president hu jintao called for additional reforms to quote would be slow pace of the recovery the visit to st petersburg was planted by a trip from moscow at it to countries fail to agree on the volume and quiet of russian natural gas to be exported to china however nato is inclined to quadruple their bilateral trade left with it it would in a decade catalyst told r.t. that a close alliance between moscow and beijing will bring economic benefits. to try not to be hugely important trade partner for russia both in terms only in general trade these are two countries that for many decades shared a political ideology at least to some extent the share the longest land border in the world to be much much greater partners than they are now if we look at russia is extremely keen to develop its oil and gas resources in the east of the country exporting those anywhere other than asia just doesn't make logistical or economic sense so really this is about russia spreading its wings. everybody who can explore anything

capital the key speakers at the forum go the russian president dmitry medvedev and president of china hu jintao we'll see what they have to say and you will have the cooperation of the ground here on our team. russia and china are hoping a landmark gas deal will be signed as the chinese leader meets with president medvedev in moscow the deal follows the launch of an oil pipeline to china this year and is key to globalizing russia's energy trade and also hopes to gain increased bargaining power in european markets but currently absorbed most of its gas exports to china on the other hand needs russian gas to help fuel its record economic growth and reduce the use of environmentally damaging coal but despite common strategic economic goals the two nations are struggling to agree on gas prices. let's take a look at how the markets are performing oil prices are gaining after meeting more than a four percent loss overnight the biggest one day drop in a month was spurred on by a spike in the u.s. dollar against the euro as greece's debt troubles appear to be worsening. asian markets continue their los

world economy is still recovering slowly and that reform of the global financial system is needed hu jintao this it had not a major energy deal with russia was on the table a thirty year supply contract was not signed a waiver as the price for russian gas is still being built he agreed that is what the two leaders did put pen to paper and a number of other lucrative deals and while the stressing the wider world they agree that the countries involved in the reagan conflict must stick to the u.n. resolution analyzing the chinese readers visit asia times correspondent pepe escobar says china is ready for a new global role in terms. and mesh of security russia and central asia are getting we need. to what is a dream isa school carrots to go a little east in the persian gulf it's a long term strategy be discussed as you go outside your plants and this strategy goes on until the end of the twenty first century so yes russia and china was ago russia sees d.s.t.o. as a jew strategically very important in terms of their only countering the berith nature of the country unless. you reaches or they sur

world economy is still recovering slowly and that reform of the global financial system is needed hu jintao is visited moscow where a major energy deal with russia was on the table the thirty year supply contract wasn't signed a waiver as the price for russian gas has yet to be agreed but the two leaders did put pen to paper on a number of other lucrative deals and while discussing the wider world they agree that the countries involved in the libyan conflict must stick to the un resolution beijing base political scientist dr king thanks thinks that russia and china's increased collaboration will have global benefits to china russia trade an economic relationship and huge development between two nations i believe is not only of the impacting the european continent but oversaw the scene i believe the wall these are the crossroads historic crossroads or some may say the wall these are the brink of either being subdued or all the calming the u.s. nato military intervention in libya now moving into possibly syria or even to you wrong if russia or china all of these see all the lions we saw not e