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Russian Deputy Prime Minister mentioned on Tuesday that Russia has signed business deals worth $3.5 billion with China.
The bilateral business forum coincided with a visit to China by Russian Prime Minister Vladimir Putin.
Russian deputy premier Alexander Zhukov mentioned that the largest of the contracts have been signed between Vnesheconombank, which is the development bank of Russia and China Development Bank. Yet another enormous deal has been inked between Russia's second-largest bank VTB and the Agricultural Bank of China. Both the deals are worth $500 million.
Deals on construction, roads, railways and energy-saving enterprises were also signed.
Customs officials from Russia and China formed a working coordination group, whose major task will be "to improve customs clearing procedures to make Chinese imports to Russia transparent", Zhukov said.
On Wednesday, Putin will attend a prime ministerial meeting of the Shanghai Cooperation Organisation (SCO).
