Monday, November 02, 2026

Oman News

Oman, China sign currency swap agreement and 14 cooperation documents

His Majesty and President Xi witness deals covering green investment, AI, space technology, digital currencies and supply chains.

TAS News Service

info@thearabianstories.com

Monday, November 2, 2026

BEIJING — Oman and China signed a currency swap agreement and 14 memoranda of understanding and cooperation protocols on Monday, covering sectors ranging from artificial intelligence and green investment to food exports during His Majesty Sultan Haitham bin Tarik’s state visit.

His Majesty and Chinese President Xi Jinping witnessed the signing ceremony in Beijing, the Oman News Agency reported.

The currency swap agreement was concluded between the Central Bank of Oman and the People’s Bank of China. The announcement did not specify its value, duration or operational terms.

The package also includes a protocol setting out inspection, quarantine and health requirements for dried dates exported to China.

The memoranda cover investment cooperation in green development, media and news, information exchange, science, technology and innovation. They also address regulatory cooperation in securities and futures markets, data and the digital economy.

Other areas include the peaceful uses of outer space, space science and technology, artificial intelligence, and applications of China’s BeiDou satellite navigation system.

Cooperation will extend to central bank digital currencies and investment in industrial and supply chains, according to ONA.

The documents also cover competition protection and the prevention of monopolies, vegetation development, the management of protected natural areas, historical documentation, and records and archives management.

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