The experience of the last 10 years has shown that attempts to oust Russia and China from the global market are doomed to failure, said Igor Sechin, Executive Secretary of the Presidential Commission for Strategic Development of the Fuel and Energy Sector 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 this pressure is to push our country out of the global market. The experience of the last ten years has shown that these attempts are doomed to failure," Sechin stated during the opening of the VII Russian-Chinese Energy Business Forum (RCEBF) in Beijing.

In this context, Igor Sechin also recalled the words spoken by Russia'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: growing debt, loss of confidence in the existing financial system, the search for alternatives, including gold, uneven population growth in developing countries, uncontrolled migration, new sources of energy consumption growth, including data centers, which are changing the balance and depriving consumers of affordable energy. “Deepening our strategic cooperation is the key to countering these global challenges. Asymmetric responses will be found,” Sechin added.

In the closing part of his speech, Mr. Sechin quoted a well-known Chinese proverb from the Book of Changes: “When people share a common spirit, 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 start of the VII RCEBF and quoted a statement from the ХХII 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!”

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Rosneft Oil Company
November 25, 2025