Time MSK


China and Bashkiria expand cooperation horizons

Chinese investors originating from Anhui Province and Bashkortostan Republic Development Corporation have executed a cooperation agreement based on the results of a business meeting that took place in Ufa.

The deed contemplates the boosting of cooperation between Bashkir businessmen and Chinese businesses in implementing cement production projects.

"The proposals brought today by the Chinese partners provide essentially for trade and economic relations. But there are also differing ones: one of options is to create a cement production facility," Artem Kireyev, the CEO of JSC Bashkortostan Republic Development Corporation, said.

He also noted that the Russian party offered to arrange the production of dry mix mortars in the territory of Bashkiria and was ready to disclose all necessary information about existing limestone deposits and their parameters to the Chinese partners.

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