Modern Aspects of Foreign Economic Cooperation Between Russia and China in the Field of Agriculture

The article examines the current features and strategic directions of the development of foreign economic cooperation between the Russian Federation and China. Geographically close countries based on mutually beneficial cooperation and parity in the implementation of regional agricultural projects and the exchange of agricultural products are currently facing problems caused by sanctions imposed on Russia by the countries of the Collective West. Threats of secondary sanctions against China from the United States in connection with its friendly foreign economic policy with the Russian Federation necessitate the confidentiality of investment projects, statistical data, and most importantly, payments and settlements. Russian banks, disconnected from SWIFT, are looking for new opportunities for settlements on foreign economic activity and cross-border movement of investment resources.