Russia's Sechin says Taiwan will return to China 'on schedule' - Reuters

BAKU, Oct 27 (Reuters) - Igor Sechin, main enforcement of Russian lipid elephantine Rosneft (ROSN.MM) and 1 of Vladimir Putin's closest allies, connected Thursday heaped praise connected China's leaders and said Taiwan would instrumentality to its "native harbour" connected time.

Sechin said that decisions taken by the 20th Communist Party Congress, which cemented Xi Jinping presumption arsenic the astir almighty Chinese person since Mao Zedong, would supply for a caller level of improvement for the country.

The deepening "no limits" concern betwixt the rising superpower of China and the earthy resources titan of Russia is 1 of the astir intriguing geopolitical developments of caller years - and 1 the West is watching with anxiety.

"The presumption of (China's) enactment is highly respected, which calmly and openly, without mendacious premises, sets retired its positions, adjacent connected the astir hard issues, specified arsenic the occupation of Taiwan, which successful this respect tin beryllium assessed arsenic somewhat exaggerated," Sechin told an planetary economical forum successful Baku, antecedently held successful Italy's Verona.

He said U.S. attempts to make its ain analyzable microchip manufacture showed that "Taiwan's instrumentality to its autochthonal harbour" was "on schedule".

Taiwan's Foreign Ministry condemned the comments, saying lone the island's radical could determine their future.

"Neither our government, radical nor the planetary assemblage tin judge absurd remarks that are successful China's cortege oregon demean Taiwan's sovereign status," it said successful a statement.

China claims democratically governed Taiwan arsenic its ain territory and has ramped up subject and governmental unit against the land implicit the past 2 years. Taipei powerfully rejects Beijing's sovereignty claims.

Russia has repeatedly warned the United States against meddling successful China's affairs portion President Vladimir Putin has explicitly backed Xi implicit the destiny of the land wherever the defeated Republic of China authorities fled successful 1949 aft losing the Chinese civilian warfare to Mao's communists.

BP'S DIVIDEND

Sechin said Rosneft had transferred $700 cardinal successful second-half 2021 dividends into peculiar accounts for BP (BP.L), which remained Rosneft's "shadow" shareholder contempt a determination to permission the institution pursuing the commencement of what Moscow calls its "special subject operation" successful Ukraine.

BP said its presumption connected Russia has remained unchanged.

"In February we announced our determination to exit Rosneft and our different Russian businesses - we proceed to prosecute that," it said successful emailed comments.

Sechin besides said that Saudi Arabia's presumption connected the planetary lipid marketplace was "reasonable" and based connected investigation of lipid proviso and demand.

The United States, helium said, had tried to transportation Saudi Arabia to postpone lipid output cuts arsenic portion of OPEC+.

"Today, the vigor argumentation of the (Joe) Biden medication is solving exclusively pre-election tasks with a readying skyline of 2 weeks, fixed that the elections to the U.S. Congress are connected November 8," Sechin said.

"This includes attempts to transportation Saudi Arabia to astatine slightest postpone the announcement of this determination until the elections."

The OPEC+ radical of planetary starring lipid producers, which includes Saudi Arabia and Russia, agreed this period to chopped its combined output by 2 cardinal barrels per time contempt absorption from the United States, which wants little substance prices.

Saudi Arabia rejected disapproval of an OPEC+ determination to chopped its lipid accumulation people contempt U.S. objections and said that Washington's petition to hold the chopped by a period would person had antagonistic economical consequences.

Reporting by Nailia Bagirova and Olesya Astakhova; Additional reporting by Ron Bousso and Ben Blanchard successful London; Writing by Vladimir Soldatkin; Editing by Guy Faulconbridge, Nick Macfie and Mike Harrison

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