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Kuwaiti Amir to visit China May 10-13
Politics    5/2/2009 1:52:00 PM
 
KUWAIT -- Negotiations are ongoing between the two countries for constructing an oil refinery in southern China comprising a refinery and a petrochemical complex at a total cost of USD nine billion, to be completed by 2012, he added.
During his visit to China, the Kuwaiti oil minister met with top officials and discussed oil cooperation "and it is in my opinion that his visit was successful," the ambassador said.
Beijing welcomes Kuwaiti investments and also encourages Chinese companies to invest in Kuwait, he added.
In response to a question about China's relations with the Arab world, and specifically with GCC states, he said his country's relations with the Arab world were "friendly" and that Beijing sought to improve these relations, especially with members of the GCC.
"Over the years, the two sides have maintained mutual support and coordination over regional and international issues, and the Sino-Arab Forum was established in 2004 ... this has become an important platform for collective dialogue and an effective mechanism for cooperation," Jiemin said.
As for relations with the GCC states, he said that his country was keen for high-level visits "to boost mutual political confidence" and cooperation in different areas.
In 2008, the volume of Chinese-GCC trade came to USD 80 billion, or 70 percent of the volume of trade between China and the Arab world, he said, adding that China imported one third of its oil resources from the six Gulf states in that year.
"We hope for strategic dialogue to commence between the two sides as soon as possible, and for negotiations to begin over establishing a free trade zone, " he said.
Commenting on Middle East peace, the ambassador said that his country appointed a special envoy to the Middle East in 2003 and that the Chinese Foreign Minister Yang Jiechi had recently visited Egypt, the Palestinian territories, Israel and Syria and discussed with its leaders means to push forth the peace process.
The minister also presented a five-point proposal for pushing the peace negotiations forward, he noted.
"China, as a permanent member of the UN Security Council, will continue to make contact and coordinate with all related parties and play a constructive role in achieving a comprehensive, just and permanent solution for the Middle Eastern crisis," he said.
Asked about the impact of the global economic crisis on China and what steps had been taken to deal with it, he said the effect of the crisis "is being more prominent," and since the third quarter of 2008, Chinese exports "dropped sharply," while economic growth in the first quarter of 2009 came to 6.1 percent, dropping 4.5 percent compared to the same period last year.
"The Chinese government is working hard, and has introduced amendments to its integrated economy policy, and quickly took measures to expand internal demand, and implemented a number of relevant policies," he said.
These measures, he said, aimed at increasing economic growthe and would help strengthen local demand and restructure industries, while supporting technology and creating social security at the same time.
"Our economic and commercial relations with Kuwait have not been affected by the crisis, and China is keen on cooperating with Kuwait in dealing with this crisis," he concluded. (end) ema KUNA 021352 May 09NNNN
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