Saudi Arabia and China affirmed on Friday their commitment to the necessary measures to ensure the security and stability of Lebanon. The final statement of the Saudi-Chinese summit emphasized the "importance of enacting necessary reforms, dialogue, and consultation to ensure Lebanon overcomes its crisis, avoiding it becoming a starting point for any terrorist activities and a haven for terrorist organizations that disrupt the security and stability of the region, or a source or transit point for drug trafficking."
**Final Statement:** At the conclusion of the Saudi-Chinese summit, which began on Thursday in Riyadh, a joint statement emphasized the need to prioritize foreign relations between the two countries. It announced the establishment of a model for cooperation, solidarity, and mutual gain for developing countries. Both sides emphasized their continued support for the essential interests of both countries through joint efforts to uphold the principle of non-interference in the affairs of states.
The parties agreed to enhance cooperation between the two countries through a high-level Saudi-Chinese committee, considering this cooperation an important strategic partnership. The statement reiterated the commitment to the necessary measures to uphold the security and stability of Lebanon and the importance of ensuring Lebanon does not become a launchpad for terrorist activities.
**Market Stability:** Both parties committed to the importance of stability in global oil markets, with Beijing welcoming Riyadh's role in supporting market stability. They also agreed to explore investment opportunities in the petrochemical sector by developing promising projects in oil conversion technologies, as well as electric power, photovoltaic energy, and wind energy projects.
They discussed enhancing cooperation in the peaceful uses of nuclear energy, as well as developing artificial intelligence technologies and innovation in the energy sector. China also appreciated the significant achievements of Saudi Vision 2030, emphasizing the need to create a supportive environment. They highlighted the importance of attracting Chinese companies to establish regional offices in Saudi Arabia by increasing the scale of qualitative mutual investments between the two parties.
