Russia's space agency Roscosmos signed a cooperation agreement on Thursday with China National Space Administration. The document was signed at the 20th regular meeting of Russian and Chinese heads of government, during Russian Prime Minister Dmitry Medvedev's three-day visit to Beijing.

The sides signed a cooperation agreement on navigation technologies and the use of the Russian satellite navigation system Glonass. Russian state-owned nanotechnology company RUSNANO and the China Aerospace Science and Industry Corporation also signed a strategic partnership agreement.

Among other documents, Russia and China also signed a strategic cooperation agreement on the development of Russian company I-Teco's cloud computing and data processing center, the other parties to the deal were the China-Eurasia Economic Cooperation Fund and the Huawei company.

Russia, China Develop High-Precision Navigation System Draft for SCO, BRICS
On Monday, Russia's GLONASS Union said Russia and China would also finalize a deal this month to establish two joint ventures to develop, manufacture and sell new satellite navigation devices that would receive signals from three major navigation systems, BeiDou, GLONASS and US Global Positioning System (GPS).

"The project was approved at the second meeting of the Chinese-Russian committee for important projects in the sphere of strategic cooperation on the satellite navigation," the statement reads.

The Chinese-Russian project is based on advanced Precise Point Positioning technologies, according to the statement.

The implementation of the project will extend the use of global and regional navigation satellite systems in Brazil, Russia, India, China, South Africa and Pakistan as well as in Tajikistan, Kyrgyzstan and Uzbekistan.

On May 8, China and Russia signed the BeiDou-GLONASS system compatibility and interoperability cooperation agreement, marking a new stage of navigation cooperation between the two countries.

Source: Sputnik News