22 January 2010, Friday, 16:48

The Society of Bashkir-Chinese Friendship is registered in Bashkortostan

author: Nikolai Ermolenko

The regional public organization “The society of Bashkir-Chinese Friendship in Republic of Bashkortostan” has received registration certificate some days ago and representatives of culture, science, education, youth and veterans as well as of state and public institutions and organizations RB participated in its foundation. The main goal of the society is development and consolidation of cooperation and friendship between populations of Russia and China, disclosure and usage of new possibilities of Bashkir-Chinese cooperation at political, economic and cultural levels, stimulation of a dialogue between public communities of Bashkortostan and China, assistance to widening of interest in China from the direction of public community, eminent Bashkir activists of politics, economics, science and culture.

Intensification of friendly relations and mutually beneficial cooperation, partnership and close interaction with China at present time is considered the strategic direction in Russia’s foreign policy and necessary condition for further development of our countries and in this respect the interregional relations between two states – Russia and China as well as between Bashkortostan, as a Russian region, and different provinces of China play the role of paramount importance.

For the reference:

At present time there are eight cooperation agreements in different spheres of activity signed between Republic of Bashkortostan and Liaoning and Heilongjiang provinces.

The highest trade turnover for the last five years between Bashkortostan and China was registered in 2007. It made 453,56 million USD (export – 385,32 million USD and import – 68,24 million USD). The growth of trade turnover is mainly caused by the rise of export of organic chemical compounds as well as of equipment and domestic appliances. By the results of seven months 2009 China stands on the ninth place in the overall trade turnover volume RB with the share equal to 3,0% (78,4 million dollars).

JSC “STERLITAMACSKY oil-chemical plant”, JSC “Ufa Refinery”, JSC “SALAVATNEFTEORGSINTEZ”, JSC “Synthesis-Caoutchouc” and some other Bashkir enterprises were the main participants of external trade relations between Bashkortostan and China in 2008.

By the end of December 2008 the volume of accumulated investments from China to Bashkortostan’s economics made 5,4 million USD. 38 enterprises, established with participation of Chinese companies, work in Republic of Bashkortostan at present time.