BOFIT Viikkokatsaus / BOFIT Weekly Review 2015/20
Russia hopes especially for investments and financing from China, which is ready to provide 300 billion rubles (€5.3 billion) in financing to build a high-speed rail connection between Moscow and Kazan. The rail project is part of a planned transportation corridor between Moscow and Beijing.
During the visit, the Eurasian Economic Union and China representatives said they were beginning wide-ranging negotiations on trade and economic cooperation. Such cooperation would include measures to facilitate trade other than the elimination of customs duties.