China working to ink free trade agreements with Saudi Arabia, Israel, Norway in 2024

China President Xi Jinping and Saudi Arabia King Salman bin Abdulaziz meet in Riyadh, Saudi Arabia.
China President Xi Jinping and Saudi Arabia King Salman bin Abdulaziz meet in Riyadh, Saudi Arabia | Photo courtesy of Saudi Press Agency
4 Min

China is prioritizing a free trade agreement with the Gulf Cooperation Council in 2024, which would give Saudi Arabia low-duty access to the Chinese market for its exports of shrimp. The Gulf Cooperation Council is a trade bloc consisting of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. China has been negotiating a free trade deal with the GCC since 2005, but  China has tightened its political bonds with the block, and specifically Saudi Arabia, in response to…


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