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
 Apr 28 2015 - Qatar- HH the Emir Congratulates Sudanese PresidentQatar News Agency
(MENAFN - Qatar News Agency) HH the Emir Sheikh Tamim bin Hamad Al-Thani on Monday sent a cable of congratulations to President Omar al-Bashir on the occasion of his re-election as president of the ...

 Apr 28 2015 - Saud Al-Haqbani crowned with title of American International Challenge Tournament for TennisSaudi Press Agency
(MENAFN - Saudi Press Agency) Saudi team tennis captain under 14 years old player Saud Al-Haqbani was crowned with the title of The International Challenge Tournament, which concluded its ...

 Apr 28 2015 - Saudi- NAUSS Organizes 'Care and Counseling Role Facing Takfiri Thought' ForumSaudi Press Agency
(MENAFN - Saudi Press Agency) The Scientific Forum on 'Care and Counseling's Role in Facing Takfiri Thought' started its works, whereas it is being organized by the Faculty of Social and ...

 Apr 28 2015 - EGP 1.6tn deposits in banks: NBE chairmanDaily News Egypt
(MENAFN - Daily News Egypt) The total deposits in the banking sector amounted EGP 1.6tn, and the funding size increased to EGP 640m, Hisham Okasha, chairman of the National Bank of Egypt (NBE) ...

 Apr 28 2015 - Palestinian youth dies of injuries in JeninJordan News Agency
(MENAFN - Jordan News Agency) A young Palestinian succumbed Tuesday to wounds sustained during clashes with Israeli forces late on Monday in al-Araqa village in western Jenin.Palestinian sources said ...

 Apr 28 2015 - Capital market sheds EGP 7bnDaily News Egypt
(MENAFN - Daily News Egypt) The series of losses for the Egyptian Stock Exchange (EGC) continued for the second consecutive trading day, with the market losing some EGP 7bn. The preceding day the ...

 Apr 28 2015 - Hyundai Verna most sold car in EgyptDaily News Egypt
(MENAFN - Daily News Egypt) The Hyundai Verna was the most sold car in Egypt in January and February after achieving sales of EGP 338m. More than 4,000 cars were sold.The Verna is considered the ...

 Apr 28 2015 - Political situation in Arab world reflects negatively on job opportunities: ministerJordan News Agency
(MENAFN - Jordan News Agency) Labor Minister Nidal Qatamin said that the political situation in Arab countries, especially those that witnessed the so-called Arab Spring and which caused the economic ...

 Apr 28 2015 - Syria Bands Rock Beirut Music SceneArab Times
(MENAFN - Arab Times) Syrian rock bands fleeing war are finding safety and new fans in neighbouring Lebanon, where they are revitalising a Westernised scene with their focus on Arabic musical ...

 Apr 28 2015 - Egypt- Qalaa Holdings hires CI Capital to exit Tanmeyah firmDaily News Egypt
(MENAFN - Daily News Egypt) EGX listed Qalaa Holding has assigned CI Capital as advisor on the possibility of fully exiting its investments in Tanmeyah Micro Enterprise Services, the company ...

more...


 






Google

Click to Apply

 
 

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