UAE, China Sign 13 Agreements and MoUs

UAE, China Sign 13 Agreements and MoUs

Friday, 20 July, 2018 - 17:15
Chinese President Xi Jinping is received upon his arrival in Abu Dhabi. (WAM)
Asharq Al-Awsat
Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Xi Jinping of China, oversaw on Friday the signing of 13 agreements and memoranda of understanding (MoU), between the two countries with the aim to strengthen strategic partnerships and bilateral cooperation across various sectors, reported the Emirates news agency (WAM).

A number of Sheikhs, ministers and senior officials, as well as Ali Obaid Al Dhaheri, Ambassador of the UAE to the People's Republic of China, and Ambassador Ni Jian of China to the UAE, also attended the signing event.

The Agreements and MoUs included two memoranda of understanding on the construction of embassies and other buildings, as well as the establishment of cultural centers.

An MoU to advance energy cooperation between the UAE Ministry of Energy and Industry, and China's National Energy Commission was signed by Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, and He Lifeng, Vice Chairperson of Central Committee of the Communist Party of China, CPPCC, and Chairman of National Development and Reform Commission, NDRC.

Two MoUs to enhance e-commerce ties as well as greater cooperation at the China International Import Expo were signed by Sultan bin Saeed Al Mansouri, Minister of Economy, and Zhong Shan, Minister of Commerce.

Other MoUs covered agricultural cooperation, as well as cooperation on the Silk Road Initiative and the 21st Century Maritime Silk Road Initiative.

A strategic cooperation agreement between the Abu Dhabi National Oil Company and China National Petroleum Company was signed by Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State and Chief Executive Officer of Abu Dhabi National Oil Company (ADNOC) and its Group of Companies and Wang Yilin Chairman at China National Petroleum Corp.

Other agreements covered customs issues, financial services and innovation within the framework of the Belt and Road initiatives and partnership and investment in the world's largest solar energy project.

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