Saudi Arabia seeks cooperation with China, 'ignores' Western worries

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RIYADH: Saudi Arabia wants to collaborate, not compete, with China, the kingdom's energy minister declared on Sunday (Jun 11), saying he 'ignored' Western suspicions over their growing ties. As the world's top oil exporter, Saudi Arabia's bilateral relationship with the world's biggest energy consumer

RIYADH: Saudi Arabia wants to collaborate, not compete, with China, the kingdom's energy minister declared on Sunday , saying he"ignored" Western suspicions over their growing ties.

Asked about criticism of the bilateral relationship during an Arab-China business conference, Prince Abdulaziz Salman said:"I actually ignore it because ... as a business person .. now you will go where opportunity comes your way.Chinese entrepreneurs and investors have flocked to Riyadh for the conference, which came days after a visit by US Secretary of State Antony Blinken.

"Oil demand in China is still growing so of course we have to capture some of that demand," Prince Abdulaziz said.The two nations' momentum has also raised prospects for a successful conclusion to negotiations for a free trade deal between China and the Saudi Arabia-dominated Gulf Cooperation Council , ongoing since 2004.

 

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