The cabinet of the Saudi Arabia in a meeting in Riyadh chaired by Crown Prince Mohammad Bin Naif has approved a memorandum of understanding between the government of the Kingdom of Saudi Arabia and the government of the Peoples Republic of China on enhancing joint cooperation on the silk road economic belt and the initiative of naval silk road for the 21st century and cooperation on productive energy which was signed in Riyadh last year. The deal was aimed at strengthening mutual cooperation in the field of the Silk Route economic belt and the initiative of the maritime silk route for the 21st century and cooperation in the field of productive energy.

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