Haitham bin Tariq Al-Said, the Sultan of Oman, offered to sign a bilateral preferential trade and investment agreement in a meeting with Chinese President Xi Jinping on Monday, November 11. The Sultan of Oman said: "Such an agreement can create new opportunities for trade and investment between the two countries." Oman is also looking to develop joint projects in the fields of renewable energy, artificial intelligence, digital technologies, space and defense.