NEOM — Saudi Arabia and Oman have sought to enhance bilateral cooperation in security, economics, trade, investment, culture, and diplomacy.
The statement to the above comes a day after the two countries agreed to speed up the opening of border crossings, facilitating travel, transport, integrating supply chains to achieve economic integration between the two neighbors.
The two sides underlined the need to intensify cooperation in the environment, food security, and the Middle East Green Initiative launched by HRH Crown Prince Muhammad Bin Salman.
The two sides commended OPEC + under the leadership of Saudi Arabia and with the participation of Oman. OPEC +has brought stability to the oil markets despite the weak demand due to the COVID-19 pandemic.
Saudi Arabia and Oman welcomed the G20 endorsed enhancing cooperation on applying the Circular Carbon Economic Approach that addresses the challenges of gas emissions that cause global warming.
The two sides are to study mutual investment opportunities in innovation, advanced technologies, renewable energy projects, industry, health fields, pharmaceuticals, real estate development, petrochemicals, transformative industries, supply chains, tourism, logistic partnership, IT, and financial technologies for the mutual benefit of both countries.
The two sides also discussed their views on regional and international issues of mutual concern. Regarding Yemen, the two sides reiterated their identical points of view on the ongoing efforts.