KSA, China ink deals worth $65bn

Riyadh – Mubasher: Saudi Arabia signed a number of trade, economic, and military agreements with China, besides memorandums of understanding (MoU) worth $65 billion (SAR 243.75 billion).

The signing came on the sidelines of Saudi King Salman’s visit to Beijing on Wednesday, after spending four days in Japan in his Asia tour, Alarabiya.net reported.

Moreover, the Saudi commerce ministry signed a cooperation programme with its Chinese counterpart to expand and develop trade exchange, according to the ministry’s statement.

King Salman started his Asia tour on 26 February and is scheduled to visit the Maldives and Jordan after China.

Mubasher Contribution Time: 16-Mar-2017 09:44 (GMT)
Mubasher Last Update Time: 16-Mar-2017 09:50 (GMT)