3presidentLeaders of China, Russia and Mongolia meet in Ufa to discuss trilateral cooperation

Chinese President Xi Jinping, Russian President Vladimir Putin and Mongolian President Tsakhiagiin Elbegdorj met in Russia’s Ufa on Thursday to discuss trilateral cooperation, Reuters reports.

Putin said the group was moving in the right direction.

“In Dushanbe we opened a new chapter in the relations between our countries and launched, after a suggestion by the President of Mongolia, a mechanism of trilateral summits. As people say in the east, a journey of a thousand li (units) starts with a first step. And that step was made in the right direction,” Putin said.

Xi said the three states had a good base for strategic partnership.

“China and Russia, China and Mongolia, Russia and Mongolia are neighbours and strategic partners. We have a good basis and a good potential for our trilateral cooperation and our long-term strategy is to promote overall trilateral cooperation,”the Chinese leader said.

A regional security meeting of Shanghai Cooperation Organisation (SCO) today, offered Russia a chance to show it is not isolated globally.

After annexing the Crimea peninsula from Ukraine last year, Russia faced sanctions that cut Moscow off from most Western financial markets.