Nissan to lay off thousands of workers as sales drop    Trump picks Susan Wiles as White House chief of staff    Three charged in connection with Liam Payne's death    Israel passes law to deport relatives of attackers, including citizens    Monkey mayhem in South Carolina after 43 primates escape research facility    Russian anti-war teenager faces five years in jail after failed appeal    Uproar in Ghana after president unveils his own statue    BD and INS partner to elevate standards of infusion care in MENAT    Qassim emir launches 52 health projects costing a total of SR456 million    Dubai Design Week launches its 10th edition, celebrating creativity and innovation    Fakeeh Care Group reports 9M-2024 net profit of SR195.3 million, up 49% y-o-y driven by solid revenue growth and robust profitability    GASTAT: Passengers of public transport bus and train soar 176% and 33% respectively in 2023    HRT does not impact life expectancy — UK health body    Liam Payne's body to be flown back to the UK    Arab leaders and heads of state congratulate US President-elect Donald Trump    Neymar suffers muscle tear, out for 4-6 weeks    Suspect arrested for banking fraud totaling SR493 million as Nazaha pursues corruption charges    Al Nassr secures 5-1 victory over Al Ain to edge closer to knockout stage    Al Ahli extends perfect start with 5-1 victory over Al Shorta    Mitrovic's hat-trick leads Al Hilal to 3-0 victory over Esteghlal    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Beginning of a fresh era
Published in The Saudi Gazette on 15 - 03 - 2014


Faheem Al-Hamid
Okaz/Saudi Gazette
BEIJING — The Kingdom of Saudi Arabia and China Friday began a new era of cooperation and understanding and cemented their relations further by signing four agreements in the field of bilateral investments, scientific research, quality control and education.
Crown Prince Salman Bin Abdul Aziz, deputy premier and minister of defense, described the agreements as satisfactory.
Crown Prince Salman also held talks with Chinese Prime Minister Li Keqiang.
After talks with Chinese Vice President Li Yuanchao, the crown prince said he was satisfied with the “identity of views” on various bilateral and international issues during his talks with Chinese leaders. On bilateral issues, the crown prince said, the two sides have agreed to expand the circle of cooperation, especially in the political, security, economic, commercial, industrial, scientific, technological, energy and cultural fields and work for tightening the contacts between the private sectors in both countries and entering into joint ventures and investments to the mutual interest of the two friendly peoples.
The agreement on cooperation program between the Ministry of Commerce and Industry of the Kingdom and the Public Department for Quality Control, Tests and Quarantine of China, was signed by Kingdom's Minister of Commerce and Industry Dr. Tawfiq Al-Rabia and Chi Shoping, president of the Chinese department.
China's Vice President Li also attended the signing ceremony.
The agreement aims at curbing the flow of imitated or forged goods into the Saudi markets.
To reach this end, the agreement envisages a number of measures like blacklisting merchants and factories involved in imitating or making counterfeit products in both the countries.
The agreement also talks of exemplary punishment for the erring factories and exporters.
The fruitful cooperation between the two countries, Crown Prince Salman said, was not confined to certain fields. “We have witnessed transformation of this relation into a strategic partnership with wide dimensions to the benefit of the two friendly peoples,” he said.
“The signing of a number of memoranda of understanding in the fields of investment and cooperation in space sciences and technology and technical cooperation program in the commercial field, contribution of the Saudi Development Fund in financing a project to establish university buildings in the state of Sanche, once more confirm the depth of this partnership and its good objectives based on the joint desire to continue the historical ties binding our two peoples and our common endeavor to achieve comprehensive development in our two countries in the service of peace and stability,” the crown prince said.
The memorandum of understanding between King Abdulaziz City for Science and Technology (KACST) and the Chinese National Space Management for Cooperation in the fields of space sciences and technologies was signed by Dr. Mohammed Bin Ibrahim Al-Suwayel, President of KACST, and Cheo Datchi, Deputy Minister for Industry and Information Technology and President of the Chinese National Space Management for Space, Sciences and Technologies.
The MoU on the Saudi Development Fund's contribution to co-finance the new headquarters for the University of Leolyang in the Sanche state of China was signed on the Saudi side by the fund's Deputy President Yousef Bin Ibrahim Al-Bassam and on the Chinese side by Wang Bawon, deputy minister of finance.
The fourth and last agreement was on cooperation in boosting investment between the Saudi Arabian General Investment Authority (SAGIA) and the Investment Development Commission, an affiliate of the Ministry of Commerce of China. It was signed by SAGIA Governor Abdullatif Al-Othman and on the Chinese side by the Commission's Chairman Leo Diancheon.
On international issues, the crown prince said the Kingdom appreciates the Chinese position supporting the rights of the Palestinians.
Crown Prince Salman said President Xi Jinping's stress on a prompt peaceful solution to the crisis in Syria through complete implementation of Geneva I declaration issued on June 30, 2012. The declaration calls for the establishment of an interim ruling authority with full executive powers. The crown prince hoped that the world community would unite to coerce the Syrian regime to “stop bloodshed of the dear Syrian people.”


Clic here to read the story from its source.