We do not have to borrow in the external market, but we have used and are using this traditional instrument in international financial relations.
Vladimir PutinNow we characterise Russian-Chinese relations as a strategic partnership, even a special strategic partnership. We have never had such a level of trust with China before. China is our major trade and economic partner among foreign states. We implement joint multi-billion projects. We cooperate not only within the UN Security Council, which is logical, as both China and Russia are permanent members of the UN Security Council, but also within such regional organisations as the Shanghai Cooperation Organisation, BRICS, etc.
Vladimir PutinWe can tell the general public that the gold and foreign currency reserves of the Central Bank are not designed to finance the economy, but rather to ensure foreign trade turnover. Therefore, we need this level to be able to provide the necessary foreign trade turnover for such an economy as Russia's for a period of at least three months.
Vladimir Putin