MUSCAT: Saudi Arabia’s Crown Prince Mohammed Bin Salman has arrived in Oman on Monday evening, the first stop of a tour of Gulf states.
The Sultanate of Oman and the Kingdom of Saudi Arabia (KSA), led by His Majesty Sultan Haitham Bin Tarik and the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of the KSA, are set for a new stage of economic and investment cooperation in all fields.
Last July, the two countries reaffirmed plans to engage in joint investment in advanced technologies, innovation, renewable energy projects, industry health, real estate, tourism, petrochemical converting industries, supply chains, logistics partnership, information technology and financial technology.
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The visit to Oman by Mohammed Bin Salman underpins the accomplishments of the state visit of His Majesty the Sultan to Saudi Arabia, which included the signing of agreements and the establishment of the Omani Saudi Coordination Council.
The Omani-Saudi Coordination Council will see to the sustainability and expansion of cooperation between the two countries, with great scopes for more agreements and memoranda of understanding.
Over the past 50 years, Oman and Saudi Arabia signed a host of agreements, among them one on border demarcation inked on 21 March 1990. Their relations are marked by mutual respect and cooperation about various regional and international issues.
