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Sultan China Visit Recap
Sultan Haitham bin Tarik concluded a two-day state visit to China—the first visit by an Omani sultan since diplomatic relations were established 48 years ago. He held talks with President Xi Jinping to strengthen cooperation in energy, technology, artificial intelligence and trade. The visit saw the signing of a currency-swap agreement and 14 memoranda of understanding, as well as 23 agreements, cooperation memoranda and investment partnerships signed by the Oman Investment Authority with Chinese institutions and companies. The Sultan affirmed that China is Oman’s largest trading partner and that Chinese direct investment in the Sultanate has exceeded 33 billion yuan.
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