Muscat: His Majesty Sultan Haitham bin Tarik and the Chinese President presided over the signing ceremony of an agreement, 14 memorandums of understanding (MoUs), and a cooperation protocol between the Sultanate of Oman and the People's Republic of China, on the sidelines of a state visit paid by His Majesty to China.
The agreement relates to local currency swaps between the Central Bank of Oman and the People's Bank of China, while the memorandums of understanding pertain to enhancing investment cooperation in green development, media and news, information exchange, science, technology, and innovation, as well as regulatory cooperation in the fields of securities, futures, data, and the digital economy.
The memorandums of understanding also relate to the peaceful uses of space, space science, technologies and applications, artificial intelligence, applications of the BeiDou Satellite Navigation System, central bank digital currencies, investment in industrial and supply chains, competition protection and anti-monopoly, vegetation cover development, management of natural reserves, historical documentation, and records and archives management.
The protocol pertains to inspection, quarantine, and sanitary requirements for dried palm dates exported to China.
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