[Mb-civic] China, Saudis sign weapons-for-oil deal

[Harold Sifton]

 The New World Order, this must upsetting and threatening to the Whitehouse !

 HS
            China, Saudis sign 
            weapons-for-oil deal 
           


      SPECIAL TO WORLD TRIBUNE.COM
      Monday, April 24, 2006 
      ABU DHABI — China and Saudi Arabia have signed defense and security agreements that strengthened the strategic relations between the two Asian powers. 

      The accords were signed during the visit by Chinese President Hu Jintao to Riyad over the weekend, Middle East Newsline reported. Hu, arriving on April 22, has sought to offer Chinese weapons and technology in exchange for greater access to the Saudi crude oil market. 


           
      "This will further strengthen the friendship between our two countries and our two peoples as well as expand strategic and friendly cooperation between China and Saudi Arabia," Hu said. 
      Over the last few weeks, China and Saudi Arabia have accelerated cooperation in defense and energy relations. In January 2006, Saudi King Abdullah signed a memorandum of understanding during his visit to China, the first by a Saudi monarch since the two countries established diplomatic relations in 1990. 

      "For China, the kingdom is a strategic trade partner that can respond to China's need for sources of fuel that no other source can provide in terms of quantity and price," Saudi analyst Talal Bannan wrote in the Okaz daily. "On the other hand, China, with its technology, can cater to the needs of the Saudi market by providing it with quality products at competitive prices." 

      In the 1980s, China was said to have supplied Riyad with intermediate-range ballistic missiles through Pakistan. An estimated 50 CSS2 missiles were supplied to the kingdom but were rapidly deemed as obsolete. 

      The security cooperation agreement was signed by Interior Minister Prince Nayef Bin Abdul Aziz and Chinese Foreign Minister Li Zhaoxing. The defense accord was initialed Saudi Deputy Defense Minister Prince Khaled Bin Sultan and China North Industries Group. 

      During his visit, Hu met Crown Prince Sultan Bin Abdul Aziz. Sultan is also Saudi Arabia's defense minister, who has been promoting closer defense cooperation with such allies as Pakistan and Singapore. 

      Officials did not cite any defense or security cooperation plans. China has been protecting Sudan's oil sector from insurgency attacks. 
     
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