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FINANCIAL NEWS
Oman’s Sohar Port inks deal with Shenzhen Port
06 Dec 2016
(MENAFN) Omani Sohar Port has signed an agreement with China’s Shenzhen Port, which play a critical role in their respective regions.
Furthermore, the deal covers the development of jointly trade and shipping business and will help to increase understanding and relations in areas like port planning and others.
Accordingly, the Middle East plays an important role in the Chinese One Belt One Road initiatives to develop modern land and maritime silk routes.
The agreement signed formalizes the establishment of a sister-port relationship and commits the management of both ports to maintain regular contact.
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