Hong Kong inks agreements with Gulf partners at BRI Summit
Some 36 business agreements covering finance, technology, logistics, professional services and education were set to be signed at the event.
Hong Kong struck a series of deals with Gulf governments and companies at the Belt and Road Summit this week, underscoring deepening China-Middle East economic ties.
Launched in 2013 by President Xi Jinping, China’s Belt and Road Initiative (BRI) infrastructure plan to link Asia with Europe has attracted more than $1.3 trillion in investments, with around $775 billion in construction contracts, according to the China Belt and Road Initiative Investment Report 2025 released last month.
The 10th Belt and Road Summit was held at the Hong Kong Convention and Exhibition Center on Wednesday and Thursday.
What happened: On the first day of the summit, Hong Kong Chief Executive John Lee said in a keynote speech that the Special Administrative Region would conclude 36 agreements during the event, covering sectors from finance to education. Some involve Middle Eastern partners — notably Oman, Qatar and the United Arab Emirates — and include: