Attempts to oust Russia and China from the global market are doomed to failure – Sechin

Translation. Region: Russian Federation –

Source: Rosneft – An important disclaimer is at the bottom of this article.

The experience of the last 10 years has shown that attempts to displace Russia and China from the global market are doomed to failure, according to Igor Sechin, Executive Secretary of the Presidential Commission on Fuel and Energy Sector Development Strategy and Chief Executive Officer of Rosneft Oil Company.

"Let me remind you that, like China, Russia has been under increasing external pressure for many years, the primary goal of which is to push our two countries out of the global market. The experience of the last 10 years has shown that these attempts are doomed to failure," he said at the opening of the 7th Russia-China Energy Business Forum (RCEBF) in Beijing.

In this context, Igor Sechin also recalled the words spoken by the country's leadership on the first day of the Great Patriotic War, which are more relevant today than ever: "Our cause is just, the enemy will be defeated, victory will be ours!"

The head of Rosneft noted that in the coming years, the global economy will undergo profound and complex changes, the signs of which are already visible: rising debt, loss of trust in the established financial system, the search for alternatives, including gold, uneven population growth in developing countries, uncontrolled migration, and new sources of energy consumption growth, including data centers, which are shifting the balance and depriving consumers of affordable energy. "Deepening our strategic cooperation is the tool for countering these global challenges. Asymmetrical responses will be found," Sechin added.

In the final part of his report, he quoted a well-known Chinese proverb from the Book of Changes: “If people have a common soul, then their shared strength is so great that it can cut through the strongest metal and overcome any obstacle.”

Sechin also congratulated those present on the opening of the 7th Russian-Chinese Energy Business Forum and quoted a statement from the 27th Congress of the Communist Party of the Soviet Union in 1961: "Our goals are clear, our objectives are defined. Let's get to work, comrades!"

Department of Information and Advertising of PJSC NK RosneftNovember 25, 2025

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