FINANCIAL NEWS

Saudi, China to strengthen trade ties, make more investments

02 Dec 2013

(MENAFN) Saudi Minister of Petroleum and Mineral Resources Ali Al-Naimi held a meeting with the Minister of State Administration for Energy in the People’s Republic of China Wu Xin Xiong yesterday, according to Arab News.

The two parties discussed the oil-market issues, its stability, and the Kingdom’s influential and positive role in this stability.

The two countries plan to strengthen trade relations by making more investments, and develop bilateral cooperation in the fields of petroleum, energy, and environment.

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