Xi concludes Middle East trip - China boosts ties with Iran, Egypt, Saudi Arabia

Added On January 25, 2016

Chinese President Xi Jinping has concluded his three-nation visit to the Middle East.
He has discussed cooperation with leaders of Saudi Arabia, Egypt and Iran within the framework of the Belt and Road Initiative, and unveiled cooperation projects in many fields.
China Report has the details.
Chinese President Xi Jinping on Saturday concluded a two-day state visit to Iran.
This is the last leg of his three-nation tour to the Middle East which also took him to Saudi Arabia and Egypt.
Within the framework of the Belt and Road Initiative, the Chinese president has talked about cooperation with leaders of the three countries.
They have unveiled cooperation projects in fields including industrial capacity, infrastructure and energy.
While in Tehran, Xi agreed with Iranian President Hassan Rouhani to elevate the bilateral ties to a comprehensive strategic partnership.
Xi said China stands ready to work with Iran to lift their mutually -beneficial cooperation in politics, economy and trade, energy, security, and cultural and people-to-people exchanges to a new stage.
Rouhani said Iran will respond actively to the Belt and Road Initiative, a vision Xi put forward in 2013 to boost connectivity and common development along the ancient land and maritime Silk Roads.
The two sides signed a Memorandum of Understanding on jointly pursuing the initiative.
Xi's visit to Egypt, the second leg of his regional tour, is the first by a Chinese head of state in 12 years.
During Xi's visit, the two sides signed a five-year outline document to further advance their relationship.
According to the 18-page document, they will boost their cooperation in politics, trade and economy as well as military and security.
Xi said China is willing to participate in Egypt's key projects including the development of the Suez Canal Corridor and the construction of a new administrative capital.
While in Egypt, Xi delivered an important speech at the headquarters of the Arab League outlining Chinese approach to issues in the Middle East.
The Chinese leader said the key to resolving differences in the Middle East is to enhance dialogue and that the key to overcoming difficulties in the region is to promote development.
Xi said the Chinese government has decided to pledge more than 7.5 million U.S. dollars to help improve the livelihood of the Palestinians and about 35 million dollars for Syria, Jordan, Lebanon, Libya and Yemen as humanitarian assistance.
Xi said China is not trying to fill any "vacuum" in the Middle East, but aspiring to build "a network of mutually beneficial partnerships."
The first leg of Xi's Middle East tour was Saudi Arabia, where he met with King Salman bin Abdulaziz Al Saud on Tuesday.
During his stay in Riyadh, the two leaders agreed to upgrade bilateral ties to a comprehensive strategic partnership.
They signed a memorandum of understanding on industrial capacity cooperation, agreeing to pursue cooperation under the Belt and Road Initiative.
The two countries also signed a slew of cooperation deals covering such sectors as energy, communications, environment, culture, aerospace, and science and technology.