Hamad Al Sharqi headed the state delegation

The Gulf-Chinese summit discusses strengthening joint relations and expanding cooperation horizons

The Chinese president mediates the leaders of the Gulf Cooperation Council countries at the summit.

À Wham

His Highness Sheikh Hamad bin Muhammad Al Sharqi, Member of the Supreme Council and Ruler of Fujairah, headed the country’s delegation to the “Gulf-Chinese Cooperation and Development Summit” in Riyadh, which was hosted by the sisterly Kingdom of Saudi Arabia, at the invitation of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, King of the Kingdom. .

The summit was inaugurated by Prince Muhammad bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, which was held at the Abdulaziz International Conference Center, with the participation of leaders of the Gulf Cooperation Council countries, along with Xi Jinping, President of the People's Republic of China, and representatives of a number of bodies. and international organisations.

The summit discussed ways to enhance joint relations in all fields, and expand horizons of development and economic cooperation between the two sides.

Chinese President Xi Jinping said yesterday that China and the Gulf countries should make full use of the Shanghai Oil and Gas Exchange as a platform for settling oil and gas trade in yuan.

In a speech delivered at the China-Gulf summit, Xi said cooperation between Beijing and the GCC countries is normal.

In his speech, Xi proposed various areas of cooperation in the next three to five years, including energy, finance, investment, innovation and new technologies, as well as space and culture. - Gulf.

Xi, during his speech at the "Gulf-Chinese Cooperation and Development Summit" in Riyadh, valued Saudi Arabia's efforts to host the first Gulf-Chinese summit, stressing that the Gulf countries and China can achieve economic and industrial integration, strengthen partnership and advance development.

Chinese President Xi Jinping has invited Saudi King Salman bin Abdulaziz to visit China, the Saudi state news channel reported yesterday.

Nayef Al-Hajraf, Secretary-General of the Gulf Cooperation Council, had confirmed in the preparatory meetings for the summit that this Gulf-Chinese summit comes as a continuation of the historical relations between the countries of the Cooperation Council and China, according to what was reported by the official Saudi Press Agency.

Al-Hajraf stressed the importance of the Gulf-Chinese relations, as “China is the first trade partner of the GCC countries, and the future areas of cooperation are very large, and there is a mutual desire to develop relations, to serve common interests, and enhance cooperation in the economic, development, trade and other fields.”

On the eve of the summit, Saudi Arabia and China stressed the importance of the stability of global oil markets, and the Kingdom's role in supporting the balance and stability of global oil markets.

A joint statement issued at the conclusion of the "Saudi-Chinese summit", according to the Saudi Press Agency (SPA), yesterday, said that the Saudi and Chinese sides "confirmed that strengthening their cooperation in this field is an important strategic partnership."

The two sides indicated that the development and consolidation of cooperation between them in the field of oil is consistent with the common interests of both sides.

The Saudi and Chinese sides stressed the importance of stabilizing the global oil markets, and China welcomed the Kingdom's role in supporting the balance and stability of the global oil markets.

The two sides agreed - according to the statement - on "the need to strengthen joint cooperation to ensure the peacefulness of Iran's nuclear program," and the two sides called on Iran to cooperate with the International Atomic Energy Agency.

 Xi Ping: "We are planning to establish a Chinese-Gulf Investment Council."

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