Alawi to visit China from May 14

MUSCAT: Yusuf bin Alawi bin Abdallah, Minister Responsible for Foreign Affairs, will pay an official visit to the People’s Republic of China from May 14 to 15, said Ali bin Mohammed al Mahri, Head of Media Affairs Sector at the Foreign Ministry, at a press conference on Wednesday.
He said that the visit is part of the historic relations binding the Sultanate and China and stemming from the joint keenness to enhance cooperation and coordination to develop economic, commercial and investment avenues between the two friendly countries.
China, which has important joint interests, plays a highly esteemed role in promoting peace and stability in the Middle East and the world.
Alawi will be accompanied by an official delegation comprising officials from the foreign ministry, the Central Bank of Oman (CBO) and the State General Reserve Fund (SGRF). He will meet Chinese officials to discuss avenues of bilateral cooperation between the two friendly countries and how to enhance and develop them.
During the visit, an invitation will be forwarded to China to play an active role in the development projects in the Sultanate, especially the economic diversification projects. The Sultanate is also interested in enhancing economic and investment relations with China.
“The Omani-Sino relations are historic and there are great investment and economic interests. Besides being the biggest importer of Omani crude oil, China is an important economic and trade partner for the Sultanate.
There are also a number of Chinese ventures in the Sultanate,” Al Mahri added.
“The Omani-Chinese Joint Committee plays an important role in enhancing economic and trade relations between the two parties to increase the number of joint ventures. There is multi-party cooperation with China in many areas, such as ports in Tanzania, Bagamoyo and Turkey as well,” he added.
“There is a common desire to enhance and develop this cooperation and increase joint interests especially in the field of investment and creating joint economic and investment partnerships as part of economic diversification plans approved by the Sultanate,” he said.
He also noted that these projects are connected to the economic diversification plans and other development projects. Some of these projects are also included in the Tanfeedh programme as part of logistic, mining, industry and tourism fields.
“There are no restrictions for all countries active in pursuing available investment opportunities, such as China, Japan and Korea. These countries can benefit from the lucrative available business opportunities.
“China has good relations and many growing interests with the countries of the region. China is a partner in a number of key economic and investment projects. The revival of the One Belt One Road initiative enhances this trend and creates great interests for China, the region and the world.
“The Sultanate is a member of the new Silk Road project and a member of the Asian Bank for Investment in Infrastructure,” he added.
The political talks with China will cover regional issues in a bid to address the problems and alleviate tensions, which in turn will achieve peace, security and stability in the region.— ONA