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Thursday, 22 April 2021 05:36 GMT

Saudi- Volume of Arab-Chinese Trade Exchange up to $240 billion


(MENAFN - Saudi Press Agency) Cairo, April 07, 2021, SPA -- The works of the 9th session of the Arab and Chinese Businessmen Conference was visually held yesterday in the Chinese capital Beijing, jointly organized by the General Secretariat of the Arab League (Economic Affairs Sector - Department of Economic Relations), and the Chinese Council for the Development of International Trade and the Federation of Arab Chambers.
The General Secretariat of the Arab League in Cairo said, in a statement yesterday, that the conference discussed a number of important issues, including promoting economic integration, raising the level of cooperation, achieving development in the digital economy, as well as Chinese-Arab investment opportunities, noting that the conference aims to enhance economic and investment cooperation and raise the trade volume between the two sides.
The statement pointed out that China is the second largest trade partner with the Arab countries, as the economic cooperation between the two sides achieved $ 240 billion last year, pointing out that the Kingdom of Saudi Arabia, the United Arab Emirates, and Iraq are the largest trading partners of the Arab countries with China.
-- SPA
09:43 LOCAL TIME 06:43 GMT
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