Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

United Kingdom China sign $28 billion deals  Join our daily free Newsletter

MENAFN - Khaleej Times - 18/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Britain hails gas to finance pacts as li visit ends three-year diplomatic freeze

david cameron and li keqiang leave 10 downing street after a meeting in london on tuesday. — afp

britain and china have signed trade deals worth over 28 billion during a visit by chinese premier li keqiang british prime minister david cameron said on tuesday.

“today we have signed deals worth more than 28 billion billion” said cameron at a joint press conference in london.

both sides are seeking to heal ties which were strained when cameron met exiled tibetan spiritual leader the dalai lama in 2012. li’s visit confirms the end of a three-year diplomatic freeze caused by arguments over human rights and tibet.

earlier li met queen elizabeth ii at windsor castle as part of his three-day visit which comes after cameron’s trip last december to china.

no details were given of the agreements but british energy giant bp said earlier that it would be signing on tuesday a deal worth around 20 billion over 20 years with chinese state-owned peer cnooc to supply china with liquefied natural gas. royal dutch shell is also reportedly set to sign an accord with cnooc during li’s visit.

in addition china’s state bank is said to be investing in the hs2 high-speed rail link between london and the midlands and north of england.

china minsheng investment corp the country’s largest private-sector investment group will invest 1.5 billion into industries including financial services offshore engineering new energy and environmental protection and open its european headquarters in london prime minister david cameron’s office said in a statement.

the uk is also aiming to begin talks on ending a 30-year-old chinese ban on british beef and lamb exports.

li wrote in the times newspaper on monday that there were “many areas for collaboration” between the two countries. he added that he was hoping for “stronger cooperation in finance infrastructure construction among others” and that “we look forward to win-win engagements”.

“before i came here we used to say when we talk about europe: britain france and germany” liu xiaoming the chinese ambassador in london told reporters. “but unfortunately many opportunities were missed in the past year or so — and we all know the reason behind it — so people now start talking about germany france and britain.”


 


Khaleej Times




  MENA News Headlines
 Jan 30 2015 - test from diaaAdvanced Currecy Markets [ACM]
(MENAFN - Advanced Currecy Markets [ACM]) ...

 Jan 29 2015 - HH the Emir Receives Phone Call from Ban Ki-moonQatar News Agency
(MENAFN - QNA) HH the Emir Sheikh Tamim bin Hamad Al-Thani on Thursday received a phone call from the United Nations Secretary-General, Ban Ki-moon, during which he thanked HH the Emir on the ...

 Jan 29 2015 - Consumer spends on pharma products to increase to Dh5.03b by 2020Khaleej Times
(MENAFN - Khaleej Times) Dubai € Consumer expenditure on pharmaceutical products, medical appliances and equipment in the UAE has experienced a strong increase and is forecast to be valued around ...

 Jan 29 2015 - UAE- Time to put cyber security on top priorityKhaleej Times
(MENAFN - Khaleej Times) Kaspersky lab solutions block millions of attacks across the globe, which clearly indicates that cyber criminals are smart, but not smarter than security providers.This was ...

 Jan 29 2015 - Indian business council honours Emirati businessmenKhaleej Times
(MENAFN - Khaleej Times) Dubai - The Indian Business and Professional Council (IBPC) hosted a reception on the occasion of the 66th Republic Day of India at the Oberoi Hotel, Business Bay, on Sunday. ...

 Jan 29 2015 - UAE, Canada discuss ways to boost tradeKhaleej Times
(MENAFN - Khaleej Times) Abu Dhabi - Abdullah Al Saleh, Undersecretary of the Ministry of Economy for Foreign Trade, received a Canadian delegation led by Martin Zablocki, CEO of the Canadian ...

 Jan 29 2015 - Emirates NBD facilitates Stanbic in $85 million loan facilityKhaleej Times
(MENAFN - Khaleej Times) Al Ahli Bank of Kuwait and Standard Chartered Bank joined the transaction as mandated lead arrangers while Al Khalij Commercial Bank and The Commercial Bank of Qatar ...

 Jan 29 2015 - NBAD profit jumps 28% in 2014Khaleej Times
(MENAFN - Khaleej Times) Abu Dhabi - A strong growth in incomes from interest and non-interest based revenues bolstered the National Bank of Abu Dhabi (NBAD) profits to Dh1.372 billion in the quarter ...

 Jan 29 2015 - UAE pharma spend to hit Dh5 billion by 2020Khaleej Times
(MENAFN - Khaleej Times) It is also forecasted to increase at a compound annual growth rate (CAGR) of about 9.78 per cent from 2014 to 2020 as, by then, the value of consumer expenditure on ...

 Jan 29 2015 - Parents happy with children's educationKhaleej Times
(MENAFN - Khaleej Times) Abu Dhabi: A survey by the Abu Dhabi Education Council (Adec) has revealed that parents across the emirate are satisfied with their children's schools. The education ...

more...


 






Google

Internatinal Property Show

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help