Saudi Arabia strikes $10 bln China deal


(MENAFN- Jordan News Agency)
Beijing, Feb. 22 (Petra)-- Saudi Crown Prince Mohammed bin Salman cemented a $10 billion deal for a refining and petrochemical complex in China on Friday, meeting Chinese President Xi Jinping who urged joint efforts to counter extremism and terror.

The Saudi delegation, including top executives from state-owned oil company Saudi Aramco, arrived on Thursday on an Asia tour that has already seen the kingdom pledge investment of $20 billion in Pakistan and seek to make additional investments in India's refining industry.

Saudi Arabia signed 35 economic cooperation agreements with China worth a total of $28 billion at a joint investment forum during the visit, Saudi state news agency SPA said.

"China is a good friend and partner to Saudi Arabia," President Xi Jinping told the crown prince in front of reporters.


22/02/2019 22:14:25

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