Negotiations with the delegation of the Chinese province of Shandong took place at the Permanent Mission of the Komi Republic to the President of the Russian Federation.

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The Permanent Representation of the Komi Republic to the President of the Russian Federation held negotiations with the delegation of the Chinese province of Shandong. The Permanent Representation of the Komi Republic to the President of the Russian Federation held negotiations with the delegation of the Chinese province of Shandong. The Permanent Representation of the Komi Republic to the President of the Russian Federation held negotiations with the delegation of the Chinese province of Shandong. During the meeting, they emphasized the mutually beneficial formation of various relations between the Russian Federation and the People’s Republic of China, the noticeable expansion of bilateral trade and the active role of interregional cooperation. The investment, economic and tourism potential of the Komi Republic was demonstrated to Chinese representatives, and the traditional nature of bilateral relations was noted, with some republican manufacturers sending up to 90% of their products to China. It was noted that the head of Komi V. Uiba, as part of the government delegation of the Russian Federation, recently visited the People’s Republic of China, where he discussed the possibilities of developing mutual cooperation with Chinese partners. He emphasized the interest of republican companies in intensifying bilateral cooperation with Chinese partners in the field of advanced wood processing, oil and gas industry, pharmaceuticals, creating enterprises for leather processing and sewing leather products, and tourism. The readiness of the Komi Republic at the highest level to receive a delegation of Chinese entrepreneurs who will show interest in establishing bilateral cooperation was noted. The possibilities of expanding bilateral trade through the use of cross-border online platforms and markets were also discussed. During the negotiations, Chinese representatives thanked for their interest in expanding bilateral relations and emphasized the importance and interest in developing interregional cooperation in some areas between Shandong Province and the Komi Republic, and also expressed their readiness to inform Chinese business representatives about existing cooperation opportunities. .