several major deals here from China to industrialize Saudi Arabia.A $5.6 billion agreement between the Kingdom’s Investment Ministry and Human Horizons, a Chinese developer of autonomous driving technologies and manufacturer of electric cars under the HiPhi brand, to establish a joint venture for automotive research, development, manufacturing and sales.
A $266 million deal signed by Saudi Arabia with Hong Kong-based Android developer Hibobi Technology Ltd. to develop tourism and other apps.
A $250 million deal facilitated by Investment Ministry between Saudi railway company SABATCO and Chinese state-owned and publicly traded rolling stock manufacturer CRRC to manufacture rail wagons and wheels in the Kingdom.
A $150 million deal between Investment Ministry, the Ministry of Industry and Mineral Resources and Chinese industrial manufacturer Sunda to manufacture caustic soda, chlorine and derivatives, chlorinated paraffin, calcium chloride, poly vinyl chloride, and related conversion products in the Kingdom.
i'm completely comfortable with China sharing its tech with Saudi Arabia, since that's the fastest way to get the Saudis to adopt Chinese standards and technologySaudi Foreign Minister Prince Faisal bin Farhan, who inaugurated the conference on behalf of Crown Prince Mohammed bin Salman, said: “The crown prince has continually amplified efforts to enhance the long-standing and advanced partnership between the Arab world and China in all sectors.”
Good.Feel free to leave, don't let the door hit you on the way out.
Giving SCO cold shoulder not a wise strategic decision for India
By Long Xingchun and Wang Geyan Published: Jun 13, 2023 07:47 PM
A man walks past the media center at the venue of Shanghai Cooperation Organisation (SCO) Council of Foreign Ministers' meeting in Goa on May 4, 2023.Photo: AFP
The 22nd summit of the Shanghai Cooperation Organisation (SCO) Council of Heads of State hosted by India will be held in the virtual format on July 4. After being held online from 2020 to 2021 because of the COVID-19 pandemic, the SCO summit resumed its in-person form in 2022, with the SCO foreign and defense ministers having already met each other face-to-face in India. India's sudden announcement on May 30 that the SCO Heads of State meeting will be held in the virtual format without explaining the reasons has surprised and puzzled the international community.
Moreover, after New Delhi's announcement, some voices in India started to analyze why the SCO summit has turned virtual. Some believe it is "due to its structural flaws," claiming that "the SCO is a gathering of nations mostly tied closely to China and Russia." "By moving the SCO summit to a virtual mode, India is sending out a message that groupings dominated by China are no longer New Delhi's priority," argues a retired major general of the Indian Army, who thinks this also sends a signal that India's priority is the G20.
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because India is a big country. Just having India around and promoting multi-polarity is a good thing.Good.
In the meantime, may I suggest that India should leave BRICS as well. The "I" in BRICS can be taken over by Indonesia or Iran.
Besides, why even bother having India in BRICS and SCO when New Delhi is already part of QUAD and firmly entrenched with NATO+? The further India keeps dragging on with their presence in BRICS and SCO, the more road bumps caused by India's very presence in those organizations that will turn into landmines for other members of the BRICS and SCO.
this would seem like a simple thing they can do that would bring a lot of positive press in Arab countries and Muslim world in general while costing not much moneyMondoweiss
The Palestinian President has just arrived in China. Think that he will ask for food shipments to Gaza so that they are no longer on the ‘Israeli diet’?
China should have some summits where diplomats from India and China are forced to meet, just to avoid mistrust getting too bad. But there should be a mechanism to make progress without India. You can't allow India to block initiatives. So both SCO and BRICS should have something similar to the concept of multi speed Europe in EU integration. But while India is a member, it will be difficult to turn the SCO into an anti American allianceSCO is a security pact not a political and economical block. India is irrelevant for SCO. I would argue without India, SCO could probably function and evolve to a better and more integrated security pact that has far more potential. Right now, SCO is somewhat useless and toothless and slowly became irrelevant
On the other hand, BRICS is a political, economical, and diplomatical block that should include India even though India would probably sabotage BRICS. However, BRICS has lot more potential to become a rival of G7 as its memberships expand and functions evolve. India's involvement as a major regional power would give BRICS more credibility and plurality. But again, India won't be a contributor but a distraction and hindrance.
Both BRICS and SCO were formed at a time that the world is a lot different. Beside, China never wanted to invite India to SCO in the first place but Russia insisted that India should be invited to counter weight China's growing influence which China was forced to accept but also asked Pakistan to join. By the time both India and Pakistan have joined the SCO security pact, SCO has become irrelevant. Archrival such as India and Pakistan can't join the same group of framework that is dedicated to security without rendering any security agreement impossible to agree and progress. Unlike BRICS, SCO had more potential to form an alliance to counter the West if India didn't join.China should have some summits where diplomats from India and China are forced to meet, just to avoid mistrust getting too bad. But there should be a mechanism to make progress without India. You can't allow India to block initiatives. So both SCO and BRICS should have something similar to the concept of multi speed Europe in EU integration. But while India is a member, it will be difficult to turn the SCO into an anti American alliance