Saudi Arabia, China emerge as comprehensive strategic partners as Xi wraps up kingdom visit

News Network
December 10, 2022

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Riyadh: Saudi Arabia and China agreed to strengthen their strategic relations and expand commercial ties during Chinese President Xi Jinping’s three-day state visit to the Kingdom.

Xi and his delegation held talks with Saudi Arabia’s King Salman, Crown Prince Mohammed bin Salman, and the heads of key ministries, resulting in 35 memorandums of understanding and deals worth $30 billion.

The two sides signed a Comprehensive Strategic Partnership Agreement, committing to support each other’s core interests, sovereignty and territorial integrity, and to defend the principle of non-interference in the internal affairs of states.

Addressing the media at the conclusion of Xi’s visit on Friday, Prince Faisal bin Farhan, the Saudi minister of foreign affairs, said the deepening of relations with China did not mean the Kingdom was turning its back on the US and other Western allies.

He said: “Saudi Arabia’s main focus is how to grow economically, and through the work with strategic partners we will continue to find ways to enhance bilateral cooperation with all.

“The Kingdom is a member of the G20 and is aiming to become one of the top 15 economies globally. We have to be open to cooperation with everyone.

“There is no doubt that working together with the second largest economy in the world is vital to Saudi Arabia’s growth, but that does not mean that we cannot continue to work with the world’s largest economy.

“We strive to work with all large economies and others around the world. By working with various partners, it will ensure the transition of the Kingdom to another level of growth that cannot happen by declining opportunities from one country to another.

“We have to be open to cooperating with others and that has been the Kingdom’s philosophy to achieve mutual interests.”

The Saudi side reaffirmed its adherence to the one-China principle during the summit, while the Chinese side expressed support for the Kingdom in maintaining its security and stability, and rejected any attacks targeting civilians, civilian infrastructure, territories, and Saudi interests.

“We look to enhance our Comprehensive Strategic Partnership with China and find means to develop it beyond trade,” said Prince Faisal. “The partnership supports the Kingdom’s development and serves its interests.”

Regarding regional and international issues, the two sides welcomed the first China-GCC Summit and the first Arab-Chinese Summit, both of which were also held in Riyadh on Friday.

The two sides stressed the importance of enhancing cooperation through the high-level Saudi-Chinese Joint Committee to achieve common goals, enhance cooperation, and intensify communication between government and private sectors.

Both sides stressed the importance of stability in the global oil markets and agreed to explore common investment opportunities in petrochemicals, and to enhance cooperation in solar, wind, and other sources of renewable energy.

They also agreed to cooperate on hydrocarbons, energy efficiency, localization of energy sector components and supply chains, in addition to the peaceful uses of nuclear energy and the development of technologies like artificial intelligence.

In particular, the delegations stressed the importance of deepening cooperation with regard to the Belt and Road Initiative, including involvement in energy and investment partnerships and making use of the Kingdom’s location as a regional center.

The two sides welcomed the signing of the “harmonization plan” between the Kingdom’s Vision 2030 social reform and economic diversification agenda and China’s Belt and Road Initiative.

Xi announced the launch of the Belt and Road Initiative — formerly known as One Belt One Road — in 2013.

The initiative sets out to connect the markets and manufacturers of East Asia to those of Europe via a vast logistical and digital network running through Central Asia, the Middle East and North Africa in a modern-day reimagining of the ancient Silk Road.

China’s Belt and Road Initiative shares the same goal of boosting interconnectivity through cooperation in energy, trade, investment and technology as Saudi Arabia’s Vision 2030 agenda, launched in 2016 by the Saudi crown prince.

China is Saudi Arabia’s largest trading partner. According to Reuters news agency, bilateral trade between the two countries hit $87.3 billion in 2021, with Chinese exports to the Kingdom reaching $30.3 billion and China’s imports from Saudi Arabia totaling $57 billion.

China’s main exports to Saudi Arabia are textiles, electronics and machinery, while China mainly imports crude oil and primary plastics from the Kingdom. In the first 10 months of 2022, China’s Saudi oil imports reached 1.77 million barrels per day, valued at $55.5 billion, according to Chinese customs data.

The delegations agreed to boost the volume of non-oil trade, increase joint investments, expand capacity for commercial airlines, motivate private sector investment, and create an attractive investment environment.

In particular they agreed to deepen cooperation in the automotive industry, supply chains, logistics, water desalination, infrastructure, manufacturing, mining, and the financial sector.

The Saudi side said it hopes to attract Chinese expertise to participate in the Kingdom’s forthcoming mega-projects, and for Chinese companies to open regional headquarters in Saudi Arabia.

The two sides also welcomed agreements concerning hydrogen energy, the judiciary, Chinese language education, housing, direct investment, radio and television, the digital economy, economic development, standardization, the news media, tax administration, and anti-corruption.

The Chinese delegation also expressed its keenness to deepen investment cooperation in the digital economy and green development, enhance cooperation in e-commerce, and explore means of joint economic and trade cooperation with Africa.

Regarding the shared challenge of climate change, the Chinese delegation welcomed the Kingdom’s Saudi Green Initiative and Middle East Green Initiative and expressed its support for Saudi Arabia’s application of the circular carbon economy.

They also agreed to urge developed countries to take their historic responsibilities seriously, through the fulfillment of their obligations by greatly reducing emissions before the target date, and to tangibly help developing countries through financial, technical, and capacity-building support.

The two sides stressed the need to strengthen partnership in communications, digital economy, innovation, and space, to achieve better digital infrastructure for the future generations in both countries.

They also stressed the importance of enhancing cooperation and joint action on developing the air and sea transport sectors, modern transport modes and railways, and expediting the completion of studies on the Saudi land bridge project.

Both delegations affirmed their determination to develop cooperation in defense to combat organized crime, terrorism, and cybercrimes.

They also stressed the importance of strengthening health cooperation to combat current and future health threats and pandemics, and agreed to develop cooperation in the areas of heritage, culture, sport, tourism, and science.

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News Network
November 21,2024

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Hamas says the Israeli regime’s sole objective lies in “erasing” the entirety of the Palestinian population from across the Palestinian territories.

Khalil al-Hayya, a ranking official with the Gaza Strip-based Palestinian resistance movement, made the remarks to the Palestinian al-Aqsa TV on Wednesday.

“The occupation targets everyone—it strikes hospitals, civil defense, women, children, and the elderly,” he said, adding that the regime sought to “empty Gaza of its residents, and displace the Palestinian people to fulfill its dreams of building a Zionist Jewish state across all of Palestine.”

The remarks came amid the regime’s October 2023-present war of genocide on the coastal sliver that has so far claimed the lives of nearly 44,000 Palestinians, mostly women and children.

“This unprecedented aggression in modern times evokes scenes from the dark ages of human history, having crossed all red lines and exceeded every expectation of brutality in the modern era,” the Palestinian official lamented.

He also regretted that the regime had added “systematic and dangerous starvation to its aggression, falsely claiming before the world that it allows 250 [aid] trucks into Gaza daily. In reality, the number of trucks is far fewer.”

Hayya, meanwhile, regretted that “scenes of children torn apart, women screaming over their children, and heart-wrenching destruction have failed to stir enough humanity to stop these crimes.”

He decried the United States for vetoing the United Nations Security Council’s resolutions that are aimed at bringing about a potential ceasefire in the war, saying this indicated Washington’s “partnership in the aggression” and a simultaneous siege that the Israeli regime has been enforcing on Gaza.

Addressing Israeli Prime Minister Benjamin Netanyahu, the official asserted that, despite what the Israeli official is after, Hamas would not hand over the regime’s captives “without [the regime’s] stopping the war.”

He called Netanyahu “the main obstacle” in the way of cessation of the aggression, saying the Israeli premier “blocks any progress for political reasons,” and citing his preventing conclusion of a ceasefire agreement in July.

Hayya also warned that the regime sought to expand the war beyond Gaza, but asserted that its goals are “impossible and will never happen.”

“Today, the enemy exposes its true intentions of extermination and displacement, but it will fail,” he stressed.

“The Palestinian people are resilient and will not surrender, as they believe in their humanitarian and political cause. The enemy and its allies will not succeed in achieving their goals. This steadfast people will endure, and the occupation will not prevail against them.”

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News Network
November 21,2024

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After the US prosecutors charged Gautam Adani with bribery and fraud, Congress reiterated its call for a Joint Parliamentary Committee (JPC) probe into the transactions of the Adani group, and hit out at Prime Minister Narendra Modi, alleging an "internal nexus" between him and "his favourite businessman."

Senior Congress leader Jairam Ramesh said the indictment of Gautam Adani and others by the US Securities and Exchange Commission validates his party’s call for a Joint Parliamentary Committee investigation.

The Congress has been pushing for the probe since January 2023, raising concerns over alleged irregularities involving Adani and his business dealings, said Ramesh.

Ramesh referred to the party’s “Hum Adani ke Hain” series, where 100 questions were raised about the alleged scams and the links between Prime Minister Narendra Modi and Gautam Adani.
He noted that the questions remain unanswered, reiterating the need for accountability in the matter.

The US prosecutors have charged Adani with deceiving investors by concealing information about his firm's solar energy project in India, which allegedly involved bribery.

Adani has been charged with securities fraud and conspiracy, according to an indictment unsealed on Wednesday. The case focusses on an agreement between Adani Green Energy Ltd. and another organisation to supply 12 gigawatts of solar power to the Indian government.

'BETRAYAL OF INDIAN INVESTORS'

Congress leader Pawan Khera described the allegations against Gautam Adani and his conglomerate as a “betrayal of Indian investors.”

Taking to X, Khera outlined the US charges, including claims that Adani’s group bribed Indian government officials between 2020 and 2024 to secure contracts. Citing media reports, he also pointed out that Gautam Adani personally met a government official to advance the scheme.

Khera referred to a March 2024 incident where the Adani Group allegedly misled the Bombay Stock Exchange and the National Stock Exchange, calling it a “grave violation of investor trust.”

He further highlighted a March 2023 FBI raid on the premises of Sagar Adani, Gautam Adani’s nephew, where electronic devices were seized as part of the investigation.

'SEBI NOT ABLE TO PROVE ANY CHARGES AGAINST ADANI'

Shiv Sena (UBT) leader Priyanka Chaturvedi criticised central probe agencies following US charges against Gautam Adani and others in an alleged bribery case linked to solar energy contracts.

Chaturvedi raised concerns about corporate governance and regulatory oversight in the country. “They talk about corporate governance, responsibility, and accountability. The industrialists should be asked to follow the rules and regulations, but even the agencies were defending him. The SEBI has not yet been able to prove charges against him,” she said, pointing to what she viewed as failures in ensuring accountability.

'BROUGHT DISREPUTE TO INDIA'

On US charges against Gautam Adani, AAP leader Sanjay Singh called for a probe against the industrialist. He said that the probe should be conducted by an investigation agency under the Supreme Court.

"Adani Group has brought disrepute to India. This is a very serious matter. The PM of India should come forward and answer this. All the pending matters against Adani should be probed by an investigation agency under Supreme Court monitoring, and all the corruption done by him, within and outside the country, should come out before the country and action should be taken against him," he said.

BJP DFENDS

BJP IT cell chief Amit Malviya responded sharply to the Opposition’s criticism regarding allegations involving Adani Green Energy and US-based Azure Power. He pointed out that the charges in the indictment are only allegations and emphasised, “The defendants are presumed innocent unless and until proven guilty.”

Malviya argued that the crux of the case concerns agreements to supply 12 GW of power to the Solar Energy Corporation of India (SECI), contingent on SECI securing power purchase agreements with state electricity distribution companies (SDCs).

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News Network
November 19,2024

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In the wake of the tragic drowning of three students at a resort near Ullal on the outskirts of Mangaluru city, the tourism department in Dakshina Kannada is set to implement comprehensive safety guidelines for properties with swimming pools or beach access. This initiative aims to ensure guest safety and prevent similar incidents in the future.

New Safety Mandates for Resorts and Homestays

Rashmi S.R., deputy director (in-charge) of the tourism department, announced, “We will instruct all homestays and resorts to enforce precautionary measures, especially those with pools or direct beach access. Properties must ensure 24/7 supervision, particularly during guest hours. This tragedy highlights the importance of having trained personnel on-site.”

Key Safety Guidelines

The district, home to around 150 homestays and 130 resorts, will see the following measures enforced:

  • Clearly displaying pool depths.
  • Installing adequate safety equipment, such as life buoys.
  • Employing trained lifeguards at all times.
  • Establishing clear pool operating hours.
  • Reviewing and implementing standard operating procedures (SOPs) for pool and beach usage.

Booming Beach Tourism Calls for Vigilance

Manohar Shetty, president of the Association for Coastal Tourism (ACT), Udupi, highlighted the growing popularity of beachside resorts, particularly during peak seasons. Properties in Udupi, often fully booked with tourists from Bengaluru, Mysuru, Kodagu, and Shivamogga, face increasing pressure to maintain safety standards.

Udupi district boasts 22 beachside commercial properties catering to this rising demand.

Shetty emphasized, “Authorities must scrutinize safety measures and carefully evaluate guidelines before issuing new resort licenses. Panchayats should rely on the Karnataka Town and Country Planning Act when handling such cases.”

Long-Term Solutions for Water Safety

Recognizing the need for a cultural shift in water safety, Shetty proposed integrating swimming lessons into school curricula. This move would not only equip students with essential skills but also encourage safe participation in water-based activities.

A Safer Tomorrow for Coastal Tourism

As the tourism sector thrives, Mangaluru’s proactive approach underscores its commitment to visitor safety. The tragic incident serves as a wake-up call, propelling the industry towards stricter regulations and better preparedness, ensuring that coastal vacations remain both enjoyable and safe.

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