(Yicai Global) May 16 -- China and the Sultanate of Oman have agreed to jointly promote the Belt and Road Initiative. The deal with the Gulf country shows wider participation in and further support for the Initiative, which is a grand plan for a vast infrastructure and trade route boasting a major network of railroads, highways, ports and pipelines embracing the continents of Asia, Europe and Africa.
China's State Councilor and Foreign Minister Wang Yi yesterday held talks with Yousef bin Alawi bin Abdullah, Minister responsible for foreign affairs of the Sultanate of Oman, who visited China. Following the meeting, both sides signed the Memorandum of Understanding on Jointly Promoting the Construction of the Silk Road Economic Belt and the 21st Century Maritime Silk Road Between the Government of the People's Republic of China and the Government of the Sultanate of Oman, state-run Xinhua News Agency reported.
Wang Yi said that China and Oman have treated each other on an equal footing, understand and support one another and engage in sincere cooperation. China stands ready to seize on the opportunity of the 40th anniversary of the founding of the diplomatic ties between the two countries to further consolidate mutual trust and bilateral ties, he said.
By co-constructing the Belt and Road, China will inject new vigor and vitality into bilateral relations, open new cooperation areas, and prioritize the pragmatic collaboration in interconnectivity, industrial park, energy, science and technology, finance, ports and other fields, Wang said.
China also supports Oman's unique and active role in regional affairs.
Oman holds China's contributions to world peace highly and attaches great importance to relations with Beijing, Alawi said. Oman will actively participate in the construction of the Belt and Road, enhance communication and coordination with China in regional and international affairs, and constantly strengthen cooperation between the two countries, he added.
A high-ranking delegation which accompanied the visiting minister, also held talks with the representatives of a number of Chinese economic and financial institutions, including China Chamber of International Commerce and CITIC Bank International.
On May 25, China and Oman will mark the 40th anniversary of establishing diplomatic relations. Oman became the first Arab country to export oil to China in 1983.
Editor: Mevlut Katik