Global Upfront Newspapers
CoverNews

Agreements Worth $29 Billion To Be Signed During China’s Xi Visit To Saudi Arabia This Week

More than 20 initial agreements worth SAR 110 billion ($29.26 billion) will be signed during Chinese President Xi Jinping’s visit to Saudi Arabia this week, the official Saudi Press Agency (SPA) reported on Tuesday.

The Chinese president will embark on an official visit to Saudi Arabia on Wednesday at the invitation of Saudi Arabia’s King Salman bin Abdulaziz.

Xi’s visit to the Kingdom will run until December 9 during which a Saudi-Chinese summit headed by King Salman and the Chinese president, with the participation of Crown Prince Mohammed bin Salman, will be held.

In addition to the deals, China and Saudi Arabia will sign a strategic partnership agreement and a plan to harmonize the Kingdom’s Vision 2030 with China’s Belt and Road Initiative.

The summit will also witness launching Prince Mohammed bin Salman Award for Cultural Cooperation between Saudi Arabia and China.

First published in Alarabiya News

Advertize With Us

See Also

Nigeria records 146 new cases of COVID-19, total now 4,787

Global Upfront

Switzerland, Nigeria sign MOU to release Swiss-flagged Merchant Tanker, MT SAN PADRE PIO

Global Upfront

North Korean Leader Kim Tours Russia’s Nuclear Attack Force

Global Upfront

Alarm In France, Lake Chad Basin, Sahel Countries As Cameroon Signs New Military Agreement With Russia

Global Upfront

South Africa’s Ruling ANC Contradicts President Ramaphosa On Quitting International Criminal Court Over Putin’s Visit

Global Upfront

Iran Has Formed An ‘Axis of Resistance’ Against The U.S. and Israel. Which Groups Are In It?

Global Upfront

This website uses Cookies to improve User experience. We assume this is OK...If not, please opt-out! Accept Read More