Business, regional tensions to be discussed during Bin Alawi’s visit to China

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9 April, 2018

Muscat (WAF): Iran nuclear deal and other business-related issues will be touched upon during Yousuf bin Alawi (YbA), Oman’s Minister Responsible for Foreign Affairs, visit to China from 14 to 15 May, according to Oman News Agency.

source: ONA

This was announced by Ali Al-Muhari, Head of the Information Affairs Department at the Ministry of Foreign Affairs on Wednesday during a press conference.

Bin Alawi will be accompanied by senior officials from the Ministry of Foreign Affairs, the Central Bank of Oman (CBO), and the State General Reserve Fund (SGRF), during which he will meet with senior Chinese officials to discuss boosting bilateral cooperation.

Al-Muhari pointed out that Oman and China enjoy historic relations and share great economic interests.

China is the largest importer of Omani oil and is known to be an important economic and trade partner of the Sultanate.

He said that there are no restrictions against foreign investment in Oman’s economic diversification plan and other development projects, adding that Oman believes that South Korea, Japan, and China would have an interest in benefiting from the returns of investments.

He pointed out that there are a number of issues, such as the Iranian nuclear file and other files, that will be highlighted during the visit.


Reporting: Hassan Shaban