Vladimir Putin, Xi Jinping sign economic deal in latest demonstration of ‘friendship without limits’

Chinese President Xi Jinping and Russian President Vladimir Putin signed an agreement to expand their economic ties at a bilateral meeting in Moscow on Tuesday.

Xi is in Moscow for a multi-day series of meetings with his Russian counterpart to demonstrate the two countries’ new “friendship without borders.” Xi and Putin stressed the importance of jointly ensuring their countries’ energy security.

Putin announced plans for a gas pipeline from Siberia to China ahead of the meeting, saying the deal is almost complete.

“We were just discussing a good project, the new Power of Siberia 2 pipeline through Mongolia. Virtually all parameters of this deal have been finalized,” Putin told Xi at the start of the meeting, according to the Financial Times.

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Beijing has grown increasingly friendly with Moscow over the past year, when Putin’s invasion of Ukraine resulted in the country being largely ostracized on the world stage.

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Xi’s visit comes just days after the International Criminal Court issued an arrest warrant for Putin on charges of war crimes committed in Ukraine. Still, the two called each other “dear friend” when they first shook hands on Monday.

Putin claimed during Monday’s meeting that the Western world was conspiring to suffocate Russia and China by “persistently working to carve up the common Eurasian space into a network of ‘exclusive clubs’ and military blocs that would serve to development of our countries”.

“It’s not going to work,” he said, according to the Wall Street Journal.

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The exact details of Tuesday’s economic deal between Russia and China are yet to be released.