Saudi Arabia Signs Civil Aviation Deals with Pakistan, Bangladesh

The signing of the deals came as President of the General Authority of Civil Aviation Abdulaziz bin Abdullah Al-Duailej met with civil aviation officials and specialists in both Pakistan and Bangladesh. SPA
The signing of the deals came as President of the General Authority of Civil Aviation Abdulaziz bin Abdullah Al-Duailej met with civil aviation officials and specialists in both Pakistan and Bangladesh. SPA
TT

Saudi Arabia Signs Civil Aviation Deals with Pakistan, Bangladesh

The signing of the deals came as President of the General Authority of Civil Aviation Abdulaziz bin Abdullah Al-Duailej met with civil aviation officials and specialists in both Pakistan and Bangladesh. SPA
The signing of the deals came as President of the General Authority of Civil Aviation Abdulaziz bin Abdullah Al-Duailej met with civil aviation officials and specialists in both Pakistan and Bangladesh. SPA

Saudi Arabia has signed separate civil aviation deals with Pakistan and Bangladesh as part of the Saudi aviation sector strategy aimed at building international partnerships.

The signing of the deals came as President of the General Authority of Civil Aviation (GACA) Abdulaziz bin Abdullah Al-Duailej met with civil aviation officials and specialists in both Pakistan and Bangladesh.

As part of a Saudi delegation headed by Minister of Hajj and Umrah Dr. Tawfiq bin Fawzan Al-Rabiah, Al-Duailej met separately with Pakistan Civil Aviation Authority (PCAA) Director General Khaqan Murtaza and Bangladeshi Minister of Civil Aviation and Tourism Mahbub Ali.

Air transportation officials and CEOs of air carriers attended the meetings.

Officials at the meetings discussed ways to increase seating capacity for transporting religious visitors to the Kingdom as well as the best solutions to overcome current and future challenges. They also reviewed cooperation and ways of providing more facilities for air carriers.

On the sidelines of the Pakistan meeting, Al-Duailej signed an agreement with his Pakistani counterpart on air transportation services.

The agreement aims to enhance cooperation between the two sides regarding air services and develop regulatory frameworks for air transport between the two countries in a safe and orderly manner.

The GACA President signed a memorandum of understanding (MoU) with Minister Ali in the field of air transport to boost the number of flights between the Kingdom and Bangladesh, increase seating capacity, facilitate the arrival of religious visitors to the Kingdom, and boost air cargo flights.

The Saudi aviation sector strategy aims to foster the Kingdom's air connectivity with the world to include 250 destinations and triple the number of passengers to 330 million passengers. The strategy also seeks to up air cargo capacity to 4.5 million tons annually by 2030.



UK Treasury Chief Heading to China to Revive Suspended Economic, Financial Talks

FILE PHOTO: Chancellor Rachel Reeves speaks to the media after a tour of Maidstone Hospital on December 10, 2024 in Maidstone, Britain. Dan Kitwood/Pool via REUTERS/File Photo
FILE PHOTO: Chancellor Rachel Reeves speaks to the media after a tour of Maidstone Hospital on December 10, 2024 in Maidstone, Britain. Dan Kitwood/Pool via REUTERS/File Photo
TT

UK Treasury Chief Heading to China to Revive Suspended Economic, Financial Talks

FILE PHOTO: Chancellor Rachel Reeves speaks to the media after a tour of Maidstone Hospital on December 10, 2024 in Maidstone, Britain. Dan Kitwood/Pool via REUTERS/File Photo
FILE PHOTO: Chancellor Rachel Reeves speaks to the media after a tour of Maidstone Hospital on December 10, 2024 in Maidstone, Britain. Dan Kitwood/Pool via REUTERS/File Photo

Britain's Treasury chief is travelling to China this weekend to discuss economic and financial cooperation between the countries, as the UK's Labour government seeks to reset strained ties with Beijing.
The Treasury said Friday that Rachel Reeves will travel to Beijing and Shanghai and will meet with her Chinese government counterpart, Vice Premier He Lifeng, Reuters reported.
Reeves' trip is expected to revive the China-UK Economic and Financial Dialogue — annual bilateral talks that have been suspended since 2019 due to the COVID-19 pandemic and deteriorating relations in recent years.
A series of spying allegations from both sides, China’s support for Russia in the Ukraine war and a crackdown on civil liberties in Hong Kong, a former British colony, have soured ties.
Bank of England Governor Andrew Bailey and the UK Financial Conduct Authority's chief executive, Nikhil Rathi, are also in the delegation, according to the Treasury. Representatives from some of Britain’s biggest financial services firms will join the trip.
Officials did not provide details, but media reports have said senior executives from HSBC Holdings and Standard Chartered were included.
Reeves' visit comes after Foreign Secretary David Lammy travelled to China in October and Prime Minister Keir Starmer met with Chinese President Xi Jinping on the sidelines of the G20 summit in Brazil in November.
The meetings form part of a bid by Starmer, who was elected as leader in July, to strengthen political and economic ties with China, the UK's fifth-largest trading partner.
Officials said Starmer wanted a “pragmatic” approach to working with Beijing on global stability, climate change and the transition to clean energy.
But some in the opposition Conservative Party have criticized his stance and said trade ties should not come at the expense of national security and human rights concerns.
British political leaders and intelligence chiefs have warned repeatedly of the security threats that China poses. Calls to tackle the challenge grew louder last month when it emerged that an alleged Chinese spy had cultivated close ties with Prince Andrew and carried out “covert and deceptive activity” for China's ruling Communist Party, according to officials.
Nevertheless, Lammy told reporters in London on Thursday that “there are many areas of trade that don’t impact on national security.”
He said Reeves “will repeat many of the messages that I took to China.”
“What we’ve said is in this complex relationship with a global superpower, we are guided by three Cs”: challenge, compete and cooperate, for example in areas including health and climate challenges, Lammy added.