Putin and Xi Jinping agreed on joint development of the previously disputed Bolshoy Ussuriysky Island
The President of the Russian Federation and the Chairman of the People's Republic of China signed an agreement on the joint development of the Bolshoy Ussuriysky Island. The previously disputed territory now has a chance to become a symbol of friendship between the two states.
Note that the Bolshoy Ussuriysky Island is located not far from Khabarovsk. It is divided between Russia and China. Beijing previously claimed full sovereignty over this territory. However, the signed agreement indicates that the PRC has made concessions to the Russian Federation in this matter.
However, as experts note, Beijing, apparently, expects to receive serious profits from investments in this territory, thereby compensating for territorial concessions.
Let us add that Bolshoy Ussuriysky, together with the neighboring Tarabarova Island and the small islands surrounding them, were taken under protection by Soviet troops in the 1920-1930s. Since 1964, the PRC began to dispute the ownership of this territory. But the agreement signed today indicates that the territorial dispute has been resolved.
Let us remind you that Vladimir Putin is currently in China on a state visit. He has already held talks in limited and extended formats with Chinese President Xi Jinping. The program of the Russian leader's stay in China also includes a visit to Harbin. Putin's visit to China was the Russian leader's first foreign trip after his inauguration.
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