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FINANCIAL NEWS
Saudi Arabia, China sign 14 Contracts
20 Jan 2016
(MENAFN) The Kingdom of Saudi Arabia and China signed 14 agreements and memoranda of understanding in order to improve collaboration between the two nations in many areas.
In addition, the contracts were signed after talks between the Custodian of the Two Holy Mosques King Salman of KSA and Chinese President Xi Jinping.
The agreements involve a memorandum of understanding which plan to construct roads, railways, ports and airports expanding from Western China to Central Asia and onwards to Europe.
Moreover, another memorandum of understanding was signed for building a high energy nuclear sector that would use gas for cooling.
More News
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