China tighten up Cooperation with the Arab world

VIVAnews – Prime Minister of China, Wen Jiabao, declared that his country is interested in strategic cooperation with the Arab world. Then, the Chinese and Arab Agreement pioneered the “Silk Route” to enhance partnerships in the field of Economics and politics.
According to the newspaper China Daily, the statement was delivered in Wen’s visit to the United Arab Emirates (UAE), January 17, 2012. Wen was the first Chinese leader to visit Arab countries. It is part of the visit of Wen to the Middle East for six days.
“Now we have opened a new line of Silk. This is the way of comprehensive cooperation between China and the Arab people and also the way to a sense of mutual trust in politics, creating a credible trading, rallying solidarity and mutual help. This is the road that connects different cultures and civilizations, “said Wen.
For the sake of the silk road that pioneered new, China has agreed to the financial cooperation and trade with the UAE. According to news agency Reuters, the two countries have agreed to the currency swap agreement worth US $ 5,54 billion.
Lasts for three years, the cooperation it will Jack up bilateral trade and investment. Besides Wen today, January 18, 2012, is present in China-Saudi Business Conference in the city of Sharjah, UAE.

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