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Medvedev, Hu to discuss economic ties Thursday

By IANS/RIA Novosti,

Moscow : Russian President Dmitry Medvedev will meet with his Chinese counterpart Hu Jintao Thursday to discuss trade and economic ties, Medvedev’s aide Sergei Prikhodko reported.

Hu’s visit to Russia started Wednesday and will last until Saturday. The Chinese leader is also expected to hold talks with Prime Minister Vladimir Putin and visit St. Petersburg to attend the international economic forum.

“Special attention will be paid to development of trade and economic ties,” Prikhodko told journalists earlier.

He said bilateral trade in 2010 totaled nearly $60 billion, or 35 percent more than in 2009.

“China has for the first time become a leading foreign economic partner for Russia,” the Kremlin official said.