China continues to expand its footprint in the Middle East, deepening energy and security ties through a number of high-profile political summits
The top of China’s agenda in energy terms remains the Middle East.
China is looking to forge a “deeper strategic cooperation in a region where U.S. dominance is showing signs of retreat”.The recent Shanghai Cooperation Organization summit saw China enhance its influence with several of the world’s leading players in the oil and gas sector. These included not just the stalwart full SCO members of Russia, Kazakhstan, and India but also new full member, Iran, whose new status in the group was announced at the end of the summit.
Not only is Saudi Arabia now a prime mover in advancing the China-GCC Free Trade Agreement – a key aim of which is to forge a “deeper strategic cooperation in a region where U.S. dominance is showing signs of retreat” – but also the Kingdom is now a prime advocate forin the pricing of global oil and gas.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Check the Highway Code': Police officer claims cyclist shouldn't ride 'in the middle of the road'Another frustrating police interaction caught on camera — City of London officer told rider: 'You shouldn't be cycling along in the middle of the road [...] there's a cycle lane [...] I know the Highway Code' cycling
Read more »
Middle-aged Glasgow woman beat childhood pal unconscious in bottle attackJulie Candlish and Angela Mullan were childhood friends but Angela was left with an injury to her hand which required surgery following the out-of-the-blue altercation.
Read more »
Konnech CEO accused of stored election data in ChinaAmerican software biz CEO arrested for allegedly storing election data in China
Read more »