A working meeting between Advisor to the General Director of Metalloinvest and General Director of SANY Russia was held with support of RCBC. 

Participants of the meeting discussed bilateral cooperation on a few large projects, supplies of Chinese construction machinery to the Russian market in current conditions and questions of mutual payments in ruble-yuan pair. 

Advisor to General Director of Metalloinvest Shukhrat Nishanov told about the work of large industrial factories of the company and launching advanced technology at the factories, having also mentioned about the possibility of cooperation with the Chinese companies producers of machinery for the mining and refining plants and metalliferous deposits. 

The Chinese producer of construction machinery SANY stated its firm decision to compensate for the missing European, American and Japanese import to Russia. The company will increase the production of heavy machinery for this purpose. General Director of SANY Russia Lo Ersi also shared about designing and production of such equipment and advanced engineering solutions. 

Managing Director of the Russian-Chinese Business Council Evgeny Markin stated: “We undoubtedly support the company-member of the Business Council in its intention to cooperate with the Chinese colleagues on the RCBC platform. We are ready to help them to establish strong business ties for the long-term and effective cooperation. It is particularly relevant in the frames of our broad work for import substitution and with the sanctions imposed by the unfriendly nations.”  

Currently the sides decided to continue the cooperation and agreed it was necessary to exchange information between the specialists of the companies.