Saudi FM: China is Arab world's key trade partner with USD 430 bln

RIYADH, June 11 (KUNA) -- Saudi Minister of Foreign Affairs Prince Faisal bin Farhan said on Sunday that China is the Arab world's top trade partner with USD 430 billion.
 

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan.

The minister made the remark while addressing the 10th edition of the Arab-China Business Conference, which kicked off in Riyadh earlier in the day.
He underlined the joint willingness of Arab countries and China to develop their partnership and cooperation, based on the outcomes of the forum since it was created.
The Saudi minister added that the gathering's theme: "Cooperation for Prosperity" reflected the paramount significance, great potential and joint visions regarding Arab-Sino investment and trade relations.
He commended the conference as an opportunity to promote shared consensus, share expertise and realize growth that could contribute to achieving the prosperity, development and welfare of the people of the region and the world.
The event is held under the auspices of Saudi Crown Prince Mohammad bin Salman, and is scheduled to discuss many topics, including investment and financing through the Belt and Road Initiative, the role of mega projects in reimagining future cities, innovative ways to produce clean energy, renewable energy, and reduce carbon emissions. (pickup previous) kn.mt.