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Saudi Arabia, one of the key partners of the United States in the region, seeks to develop cooperation with China, despite the concerns of Western countries. This was stated by the Minister of Energy of Saudi Arabia, Prince Abdul Aziz bin Salman Al Saud, speaking at the Tenth Conference of Arab and Chinese entrepreneurs in Riyadh.
"Today's reality is that China occupies, has occupied and will continue to occupy a leading position. We should not compete with China, we should cooperate with it," the minister said, whose speech was broadcast by Asharq TV channel. "Cooperation with China is advisable because they have taken the initiative to attract the right manufacturers."
When asked how the minister perceives the criticism that Western countries are subjecting Saudi Arabia to for expanding economic and political ties with China, he said that he "actually ignores it." "Like any business person, you will go where there are appropriate opportunities," he added.
The tenth Conference of Arab and Chinese entrepreneurs is being held on June 11-12 in Riyadh under the slogan "Cooperation for prosperity". The event, organized by the Ministry of Investment of Saudi Arabia, is aimed at strengthening economic cooperation between China and the countries of the Arab world. The conference is attended by more than 3 thousand people - high-ranking officials and representatives of large businesses.
According to the Saudi Press Agency, on the first day of the conference, its participants signed dozens of investment agreements worth more than $ 10 billion. Among them is a $533 million agreement between Amar Al-Oula and Zhonghuan International Group, which involves the construction of an iron ore processing plant in Saudi Arabia, as well as a $500 million agreement between ASK Group and the Chinese National Geological and Mining Company on the development of a copper mining project in the kingdom.
A joint Gulf-American statement issued after the joint ministerial meeting of the strategic partnership between the Gulf Cooperation Council states and the United States stressed...
In another setback for the so-called Abrahamic accord, the organization, GCC, that includes two of the States that signed the agreement, sent a letter to the USA protesting Israeli words and practices agains the Palestinians.
In a letter to Minister Anthony Blinkkin, the foreign ministers of the Six-state bloc, in a letter to Minister Anthony Blinkkin, denounced the statements of the Israeli right -wing Israeli Finance Minister of Smottrich about the necessity of "eradicating" the Palestinian town of Hawara, which witnessed the killing of two Israelis by an activist suspected of belonging to Hamas.
In its message published on its website, the Council called on "the United States of America to assume its responsibilities in responding to all measures and statements targeting the Palestinian people."
He also urged the American administration to "play its role to reach a just, comprehensive and lasting solution" to the Palestinian -Israeli conflict.
On Sunday, the UAE strongly condemned the decision of Israel to allow the restoration of settlement in the northern West Bank regions, and put it bids to build new settlement units in the occupied Palestinian territories, according to a statement by the Ministry of Foreign Affairs and International Cooperation reported by the Emirates News Agency.
In a statement, the Ministry affirmed, "The UAE's rejection of all practices that violate international legitimacy decisions, which threaten more escalation and instability in the region."
Saudi Arabia also condemned the Israeli decision, and stated in a statement by the Saudi Foreign Ministry that Riyadh "calls on the international community to carry out its responsibilities to end the Israeli occupation and stop its provocative practices, which would obstruct the paths of political solutions based on the Arab peace initiative and undermine international peace efforts."
She also expressed its "great concern" after the Israeli parliament canceled part of a law that prevents settlers from residing in areas in the occupied West Bank that the Israeli government had evacuated in 2005, considering that the decision was "provocative."
The Gulf Cooperation Council, whose foreign ministers met in Riyadh last week, include six countries, Saudi Arabia, the Emirates, Oman, Bahrain, Qatar and Kuwait. The UAE and Bahrain printed their relations with Israel in 2020 under the "Abraham Agreements" sponsored by the United States.
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