Friday, January 7, 2022

China And Oman Deepen Their Economic Ties

Majesty Sultan Qaboos bin Said and President Xi Jinping  

OilPrice.com: China Secures Foothold In This Strategic Middle East Oil State 

* Oman continues to expand its cooperation with China as it looks to build out its petrochemical sector 

* Oman’s options to raise money through conventional bond offerings remain constrained 

* China already accounts for around 90 percent of Oman’s oil exports and the vast majority of its petrochemicals exports 

The recent talks between Oman’s Assistant to the Chief of Staff for Operations and Planning, Brigadier Abdulaziz Abdullah al-Manthri, and the Chief of Staff of Iranian Armed Forces, Major-General Mohammad Bagheri, may mark a new phase in the already deep and broad relationship between Oman and Iran, and in the Sultanate’s drift into the Iran-China axis. “The two countries [Iran and Oman] have conducted several joint naval drills in recent years, within the scope of securing the waterway from the Persian Gulf through to the Gulf of Oman from smuggling and other threats, including terrorism, but these [recent] talks were concerned with expanding that cooperation both in terms of the armed services involved beyond just the navy and the scope of their joint activities beyond anti-smuggling and dealing with terrorist threats,” an Iranian source who works closely the Petroleum Ministry told OilPrice.com last week.  

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WNU Editor: China is Oman's biggest customer for its petroleum products. This agreement for closer ties is no surprise.

1 comment:

hackinfo_369 said...

game changed America needs to do business only with America