KSA, China agree on strategic partnership

Updated 21 January 2016
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KSA, China agree on strategic partnership

RIYADH: Saudi Arabia and China have agreed to establish a comprehensive strategic partnership between the two countries.
In a joint communiqué at the end of the visit by Chinese President Xi Jinping to the Kingdom, the two countries expressed satisfaction over enormous development the relations have witnessed since the establishment of diplomatic relations between the two countries in July 1990, notably after the establishment of strategic friendship between them in 2008.
The two countries stressed the importance of continuation of development of traditional friendship between the two peoples and countries and enhancing of strong cooperation in political, economic, commercial, cultural, humanitarian, military, security and energy fields as well as at regional and international arenas that will push Saudi-Chinese relations to higher levels.
In conformity with the desire of the two countries in deepening cooperation in all areas, the two countries have agreed to upgrade bilateral relations to the level of comprehensive strategic partnership, the communiqué said.
The two countries have agreed that the strategic and global nature of Saudi-Chinese relations is increasing in light of continued development of multi-polarization and economic globalization and as important partners at the international level. The two countries see their relations as long term.
The two sides expressed keen interest to exchange high-ranking visits and enhance strategic contacts on bilateral relations and regional and global issues of mutual interests as well as deepening strategic cooperation and joint strategic confidence between them.
The two countries also affirmed interests in the mechanism of consultation between the them in all fields and at all levels and to facilitate exchange of individuals and benefits in all areas. They affirmed to boost joint vital interests.
The Saudi side reiterated the continuation of its long-established one China policy whereas the Chinese side expressed support for Saudi efforts to preserve its security, stability, development of economy, improvement of living conditions of its people, and to play a bigger role in regional and international affairs.

Energy Cooperation

The two sides expressed keen interest to boost cooperation in the area of energy and the importance of the stability of oil market for the global economy. The Chinese side appreciated the key role being played by Saudi Arabia to ensure the stability of global oil markets.
The Chinese side also appreciated the contribution of Saudi Arabia as the founding member of the Asian Development Bank (ADB).
The two sides have strongly rejected terrorism in all its forms and expressed readiness to boost security cooperation in this context. The Chinese side appreciated Saudi efforts in the establishing the UN Counterterrorism Center.
The two sides affirmed that all civilizations have to show respect and tolerance to promote co-existence. The Chinese side lauded Saudi efforts in establishing King Abdullah Center for Dialogue between followers of different faiths and cultures in Vienna. The two sides encourage cultural exchange between the two countries and support cooperation in the area of media, health, education and tourism.
The two sides have agreed to push forward peace and stability in the Middle East. They also called for a ban on the spread of weapons of mass destruction (WMD) and expressed their support to make the Middle East region free of WMDs.


Misk Innovation initiative participates in International Technology Fair in Paris

The Misk Innovation initiative aims to promote and support talent and innovation through local and international programs. SPA
Updated 3 min 45 sec ago
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Misk Innovation initiative participates in International Technology Fair in Paris

  • Misk presented seven technological innovations in various fields
  • Misk Foundation is a non-profit organization dedicated to educating and providing opportunities for the Kingdom’s youth and leading them to a bright future

JEDDAH: The Misk Innovation initiative, supported by the Crown Prince Mohammed bin Salman bin Abdul Aziz Foundation (Misk), participated in the International Technology Fair “VivaTech” on Saturday in Paris.
This is the first participation of its kind to support the emerging technological creations of a number of innovators from the Kingdom’s youth.
In its pavilion, Misk presented seven technological innovations in various fields, including those that serve the hearing-impaired through technical support, the aviation industry, automotive electronic solutions, road safety, Arabic and international media monitoring, and the perfume industry.
Speaking at the opening of the exhibition on May 24, which was attended by a number of international technology company directors, French President Emmanuel Macron expressed his hope that his country would become a fertile ground for start-ups.
The Saudi ambassador to France, Khaled Al-Anqari, attended the opening of the Saudi Pavilion “Misk Innovation.”
The executive director of Misk Innovation, Dima Al-Yahya, said that the young national talents participating in the three-day event reflected the creativity and innovations of Saudi nationals to the international community, noting that their participation gave them opportunities to learn and develop for the best.
Misk Foundation is a non-profit organization dedicated to educating and providing opportunities for the Kingdom’s youth and leading them to a bright future through Vision 2030 in transforming and diversifying the Saudi economy.
The Misk Innovation initiative aims to promote and support talent and innovation through local and international programs and partnerships in three key areas: Education, culture and information.