On September 26, 2014, Foreign Minister Wang Yi met with Prince Saud Al-Faisal, Minister of Foreign Affairs of Saudi Arabia on the sidelines of the UN General Assembly. Wang Yi stated that China's relations with Saudi Arabia enjoy a sound momentum of development. China stands ready to work with Saudi Arabia to put into practice important consensus reached by leaders of the two countries and keep the strategic relationship between the two countries at a high level. The two sides should frequent high-level interactions, cement political mutual trust, and continue to understand and support each other on issues relating to each other's core interests and major concerns. The two sides should expand in an all-round manner practical cooperation in energy, railways, infrastructure construction, spaceflight, nuclear energy, renewable energy, agriculture and other fields and improve the relationship as countries of shared interests. The two sides should also promote negotiation between China and the Gulf Cooperation Council (GCC) on the free trade area and make joint efforts to push for the establishment of the Asia Infrastructure Investment Bank (AIIB). Wang Yi said that as a good friend of Arab states, China supports them in properly resolving issues in the region with their own efforts and concentrating on development. It is in the common interests of Arab states. China values the important status and role of Saudi Arabia in the Middle East, and stands ready to enhance coordination with Saudi Arabia on regional and international issues.