Crown Prince Abdullah's visit was in response to an invitation from the Premier of the Chinese State Council Zhu Rongji, with whom he had cordial talks, as he also did with Chinese President Jiang Zemin. The talks focused on ways of upgrading Saudi-Chinese relations as well as on issues of mutual interest in the regional and international arenas. The communiqué stated that the Chinese Ministry of Foreign Affairs and the National Economic and Trade Committee had been instructed to finalize discussions with the Saudi delegation, working from what has already been agreed upon.
The two sides reaffirmed their friendly relationship, and expressed cooperation in political as well as economic fields, noting with grave concern the continuing impasse in the Middle East peace process. Reaffirming the principles and bases on which the peace process has relied, particularly the land-for-peace principle and the UN Security Council resolutions, the communiqué urged the concerned parties to commit to their signed agreements, adding that the issue of Al-Quds [Jerusalem] is crucial and highlighting the need to put an end to unilateral actions that will affect the results of the final status negotiations. Saudi Arabia and China urged the international community to accelerate the pace in order to realize a just, comprehensive and lasting peace in the Middle East, calling for resumption of discussions on the Syrian-Israeli track and implementation of UN Resolution 425 regarding Lebanon.
Reviewing the Iraqi issue, the two countries expressed great concern at the stalemate of the UNSCOM operation and called for resumption of cooperation between the special UN committee and Iraq in accordance with UN Resolution 1194. The two sides also called on Iraq to comply fully and exactly to all Security Council resolutions in this regard, underlining the need to implement those related to the humanitarian needs of the Iraqi people, while respecting the independence, sovereignty and integrity of Iraqi territory.
The two countries severely condemned terrorism in all its forms wherever its place of origin, and expressed the desire to cooperate in confronting acts of terrorism and violence.
The communiqué stated that the two countries had noted with satisfaction the increasing volume of trade exchanges and economic opportunities between them, and had agreed on the need to continue work towards further increasing bilateral trade and encouraging exchange of exports. A Memorandum of Understanding has been signed, under which four working teams will be formed under the auspices of the Joint Saudi-Chinese Commission to discuss avenues for developing bilateral cooperation in trade, petroleum, minerals, investments and technical and technological spheres. The two sides also agreed on encouraging businessmen to establish a joint working council to encourage trade and investment exchanges. With reference to the importance for the international economy of stability in the oil market, the Chinese side expressed its appreciation for the prominent role being played by the Kingdom to ensure this stability as a dependable, credible and secured source for the supply of oil to international markets.
The communiqué said the two sides praised the good results of Crown Prince Abdullah's visit to China, and would follow up with contacts at a high level, consolidating coordination and cooperation between the two countries. The statement confirmed that the invitation extended by the Crown Prince to Chinese Premier Zhu Rongji to visit the Kingdom of Saudi Arabia has been accepted.