Omani Sultan Haitham bin Tariq and Chinese President Xi Jinping discussed, on Monday in Beijing, the existing areas of cooperation between the two countries and ways to enhance them, particularly in the sectors of technology, innovation, artificial intelligence, and renewable energy. The Sultan affirmed, in an Omani statement, the depth of historical relations that have witnessed accelerated growth in economic, commercial, and investment fields, expressing his country's commitment to developing and elevating them.
The Omani Sultan clarified that China has become Oman's first trading partner, with direct investments by Chinese companies in the country over the past few years exceeding 33 billion Chinese yuan. He pointed to the expansion of partnership areas to include energy, industry, infrastructure, logistics, and advanced technologies, expressing Oman's openness to entering into a bilateral preferential trade and investment agreement with China.
For his part, the Chinese President highlighted the importance of the visit in consolidating bilateral relations and deepening the bonds of friendship and cooperation between the two countries. In the presence of the Sultan and the Chinese President, the two sides signed an agreement for currency exchange between the Omani Central Bank and the People's Bank of China, as well as 14 memorandums of understanding and cooperation protocols.
The memorandums of understanding relate to enhancing investment cooperation in green development, media, exchange of information, science and technology, and innovation, as well as regulatory cooperation in the fields of securities, futures contracts, peaceful uses of space, artificial intelligence, applications of the (Beidou) satellite navigation system, and central bank digital currencies. The protocol also concerns inspection and quarantine matters for dried palm fronds exported to China.
Source: Syrian Arab News Agency (SANA)
Comments (0)