Monday, 18 January 2016

China’s President Set To Visit Egypt, Saudi Arabia & Iran

China’s President Set To Visit Egypt, Saudi Arabia & IranChinese President Xi Jinping will visit Egypt, Saudi Arabia and Iran from 19th January 2016 to 23rd January, embarking on his first tour to the volatile Middle East since he took command of the world's second biggest economy in 2013. The Chinese Ministry confirmed and announced that on 15thJanuary, 2016.

Xi firstly will stay in Saudi Arabia and he is expected to meet the Saudi King.

The tour is planned to curb all the differences and mounting all the tensions over the war in Syria and after the protesters ransacked and burned the Saudi Embassy in Tehran.

This is the first time that this type of tour is organized by any president.

China wants to increase its diplomatic heft in the oil-rich region as one of the extensive oil importers.

Xi is also the General Secretary of the ruling Communist party of China and head of the powerful People’s Liberation Army (PLA).

"We encourage and support the expansion and optimization of mutual investment by enterprises from the two sides," the paper said, adding, that China is ready to continue to provide foreign-aid loan on favorable terms to Arab countries, as well as export credits and overseas investment insurance.", He said. Read More....


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