Shipping From China To Oman
Silk Road Moments丨Oman: Trade "Highlight" - Energy Cooperation
This is a Chinese initiative and an "international train"; this is a global cooperation and a new era of mutual benefit and win-win! In 2013, China proposed the "Belt and Road" initiative. By the end of 2018, more than 120 countries and 29 international organizations around the world had signed more than 170 intergovernmental cooperation documents with China.
To this end, Airport Satellite TV has specially launched the audiobook version of the Silk Road Moments, to listen to the five-year journey of the "Belt and Road" with you!
Oman:
Trade "Highlight" - Energy Cooperation
On May 15, 2018, China and Oman jointly signed the "Memorandum of Understanding between the Government of the People's Republic of China and the Government of the Sultanate of Oman on Jointly Promoting the Construction of the Silk Road Economic Belt and the 21st Century Maritime Silk Road". China is willing to focus on promoting practical cooperation in the fields of connectivity, industrial parks, energy, production capacity, science and technology, finance, ports and other fields between the two countries through the joint construction of the "Belt and Road".
▲The location of Oman on the map
Oman
As one of the oldest countries on the Arabian Peninsula, Oman had extensive maritime and land trade activities in the second millennium BC and became the shipbuilding center of the Arabian Peninsula.
Oman has a special geographical location with a coastline of more than 1,700 kilometers. The import and export trade is completely unaffected by the Strait of Hormuz. It can reach Iran in the north and go deep into the Gulf countries and other Middle East countries to the west. Foreign trade can radiate to the surrounding consumer market with a population of 1.6 billion.
Energy cooperation has always been the "highlight" of China's trade with Oman.
As the third largest country in the Arabian Peninsula, Oman is very rich in oil resources, with proven oil reserves ranking 22nd in the world and natural gas reserves ranking 16th in the world. In addition, it also has coal, iron ore, gold, silver, copper, chromium, manganese and other metal mines. Therefore, oil and gas play a pivotal role in Oman's export trade.
In 1989, China and Oman established the Economic and Trade Commission. With the development of trade between the two countries, Oman has become an important trading partner of China in West Asia and North Africa. The economic and technological cooperation has been deepened and the scale has continued to expand. At present, China has been the largest importer of Oman's oil for ten consecutive years. Of the 1 million barrels of crude oil produced by Oman per day, 80% are supplied to China. Petrochemicals, minerals and seafood are also the main products exported to China. .
In addition, the economic and trade cooperation between China and Oman also involves many fields such as telecommunications, infrastructure, fishery and commerce. China's Huawei is currently the main equipment supplier of Oman's telecommunications industry, and its share in the telecommunications market in Oman ranks first. According to the statistics of the Ministry of Commerce, China's direct investment in Oman in 2016 was US$4.62 million, and by the end of 2016, the stock of Chinese direct investment in Oman was US$86.63 million.
Although they are far apart, Oman has had close exchanges with China since ancient times. Chinese Ambassador to Oman Yu Fulong once said that the Omani people have a closeness to the ancient Maritime Silk Road that is rarely seen in other countries in the region, and thus have a high sense of identity with the "Belt and Road" initiative. Therefore, a good public opinion foundation has become an advantage for China and Arab countries to jointly build the "Belt and Road".
In the context of the smooth docking of policies, the complementarity of the industrial structures of the two countries provides a broad space for cooperation between enterprises of the two countries.
China's advanced equipment, superb technology, high-quality personnel, and sound industrial standards can play an important role in Oman's economic and social development.
At the same time, the rapid development of international transportation from China to Oman better supports the development of the "Belt and Road".
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