Photo: AFP/Ludovic Marin
Eurasia
21/11/2023 21:02
This came during his participation in the closing ceremony of the Riyadh Expo 2030 campaign held by the Royal Commission for Riyadh City in Paris with the participation and presence of a number of ministers and representatives of member states at the Bureau International des Expositions, senior French officials and members of countries in a number of major international organizations, and representatives of diplomatic missions accredited in France.
Dmitry pointed out that as 2030 approaches, and in light of the efforts to achieve the Sustainable Development Goals, there will be a great need for a broad global consensus in moving the world's agenda forward to define the ambition and scope of the post-2030; Riyadh is a city that intersects with local, regional and global changes, and is preparing to welcome the world by holding an event that seriously looks towards the future with a clear vision that puts it at the forefront of discussions," quoting the Saudi Press Agency (SPA).
Minister of State for Foreign Affairs and Cabinet Member Adel Al-Jubeir delivered a speech in which he explained that the Kingdom has allocated $ 353 million to provide support to more than 100 developing countries to participate in Riyadh Expo 2030, in addition to the promises of the private sector and non-governmental organizations to provide more support to countries in need, which reflects the Kingdom's commitment to providing an exceptional and unprecedented version of the Expo.
"We are very committed to environmental sustainability, addressing the challenges of climate change, promoting trade and investment, and achieving greater understanding through interfaith and intercivilizational dialogue to build bridges of understanding and tolerance," he said.
US President Donald Trump said Monday that Washington and New Delhi are “pretty close” to finalising a trade agreement that could ease tariffs and mark a breakthrough in months of tense negotiations between the two countries.
A new era in global economic competition may be dawning with the acquisition by China's JD.com, one of the Far East's largest online and offline retail companies, of a 57.1 percent majority stake in Germany's Ceconomy, which operates the MediaMarkt and Saturn retail chains, for 860 billion forints. This move is not merely a business transaction, but a symbolic sign of the restructuring of the global economy: while a decade ago Western companies were trying to conquer the Chinese market, now Chinese companies are preparing to take over European shelves. The acquisition of JD.com suggests that the Chinese economic model is no longer based solely on the role of supplier, but on the global positioning of its own brands and products, according to the analysis by Oeconomus.
China has suspended its export ban on key technology metals to the United States, including gallium, germanium and antimony – materials vital for semiconductor and high-tech production – Beijing’s commerce ministry announced on Sunday.