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Business News›News›Defence›Chinese military to send troops to Russia for joint
exercise




CHINESE MILITARY TO SEND TROOPS TO RUSSIA FOR JOINT EXERCISE

SECTIONS
Chinese military to send troops to Russia for joint exercise
ReutersLast Updated: Aug 17, 2022, 04:54 PM IST
Synopsis


CHINA'S PARTICIPATION IN THE JOINT EXERCISES IS "UNRELATED TO THE CURRENT
INTERNATIONAL AND REGIONAL SITUATION," THE MINISTRY SAID IN A STATEMENT. THE
EXERCISES ARE PART OF AN ONGOING BILATERAL ANNUAL COOPERATION AGREEMENT, IT
SAID. SIMILAR RUSSIAN-LED JOINT EXERCISES INVOLVING CHINA HAVE TAKEN PLACE IN
RECENT YEARS.

AFP
Chinese troops will travel to Russia to take part in a joint exercise with
Russia and other countries including India, Belarus and Tajikistan, the Chinese
defence ministry said on Wednesday.

China's participation in the joint exercises is "unrelated to the current
international and regional situation," the ministry said in a statement.

The exercises are part of an ongoing bilateral annual cooperation agreement, it
said. Similar Russian-led joint exercises involving China have taken place in
recent years.



"The aim is to deepen practical and friendly cooperation with the armies of
participating countries, enhance the level of strategic collaboration among the
participating parties, and strengthen the ability to respond to various security
threats," the statement said.




Wednesday, 17 Aug, 2022
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   Electronic, Car Cos Hit Top Gear to Step Up Festive Output
   
   Companies manufacturing cars, smartphones, televisions, refrigerators and
   washing machines are ramping up festive season production by up to 50%
   compared with the corresponding period a year ago, anticipating robust sales
   and buoyed consumer sentiment in the next three-four months.
   
   Amid Curbs, India-Russia Trade Via INSTC Booms
   
   The International North-South Transport Corridor (INSTC) has been
   facilitating a higher volume of trade between India and Russia via Iran over
   the last three months amid the West’s sanctions on Moscow following the
   Ukraine war.
   
   Market Share of Private Fuel Retailers Falls 50-80% in a Year
   
   The combined share of private players—Reliance-BP, Shell and Rosneft-backed
   Nayara Energy—has shrunk by 50-80% in the fuel retail market year-on-year and
   even the taxes imposed in July on exports or the official mandate to sell
   more in the domestic market hasn’t helped.

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