European Commission President Ursula von der Leyen searches throughout an interview.
John Thys|Afp|Getty Images
An significantly separated Russia is now depending on China for both its military and financial ends, the European Commission’s president stated Tuesday.
Ursula von der Leyen stated Russia was leaning more greatly on its eastern ally as it stops working to accomplish its goals.
“Russia is failing on strategic goals,” von der Leyen stated at the World Economic Forum in Davos,Switzerland “It is first and foremost a military failure,” she stated, keeping in mind that Ukraine had actually so far maintained its “freedom and independence” in its practically two-year war with Moscow.
“Russia’s failure is also economic,” she continued, highlighting the effect sanctions have actually had in separating the nation from trade with Western allies.
“Russia is now dependent on China,” von der Leyen included.
Ukraine, on the other hand, is “closer than ever” to signing up with the European Union, she included.
Russia’s trade with China has actually risen in the wake of Western sanctions enforced following Moscow’s major intrusion of Ukraine onFeb 24, 2022.
Annual bilateral trade in between the 2 nations struck practically $200 billion in 2015, which President Xi Jinping hailed as a “historic high.”
It comes amidst growing speculation over Beijing’s function in fueling Moscow’s war, with brand-new information recently recommending that Chinese business are crucial avenues in carrying Western innovations to Russia’s military.
