Latest news with #SayyidAsaad


Observer
27-05-2025
- Business
- Observer
Sayyid Asaad leads Oman's delegation at ASEAN-GCC Summit
KUALA LUMPUR: On behalf of His Majesty Sultan Haitham bin Tarik, HH Sayyid Asaad bin Tarik al Said, Deputy Prime Minister for International Relations and Cooperation Affairs, Personal Representative of His Majesty the Sultan, headed the Sultanate of Oman's delegation at the ASEAN-GCC Summit, which commenced on Tuesday in the Malaysian capital, Kuala Lumpur. Upon his arrival at the summit venue, HH Sayyid Asaad was received by Malaysian Prime Minister Anwar Ibrahim. In his opening remarks, the Malaysian Prime Minister emphasised that the summit reflects a shared commitment to strengthening the robust ties between the two blocs, noting that growing mutual investments demonstrate deepening trust. He stated that ASEAN-GCC relations will be pivotal in fostering interregional cooperation, building resilience, and ensuring sustainable prosperity. He expressed hope for productive discussions that pave the way for tangible initiatives within an expanding and sustainable partnership. Sayyid Asaad leads Oman's delegation at ASEAN-GCC Summit On his turn, Shaikh Sabah Khaled al Hamad al Sabah, Crown Prince of the State of Kuwait, delivered a speech highlighting that the inaugural ASEAN-GCC Summit in Al Riyadh successfully laid the foundation for comprehensive cooperation. He stressed the need to build on this momentum by implementing the Strategic Cooperation Framework (2024-2028), which serves as a road map for institutionalising this partnership and translating it into practical mechanisms to achieve shared progress. He underscored the significance of this partnership, noting that the 16 member states collectively represent a massive economic and demographic force, with a combined GDP nearing $6 trillion and a population of around 740 million. Their shared maritime and trade routes rank among the most vital globally, lending their cooperation a geopolitical and strategic dimension with direct implications for regional stability and global economic growth, he added. He pointed out that the GCC was ASEAN's seventh-largest trading partner in 2023, with total trade reaching $130.7 billion—a figure expected to grow by an average of 30%, reaching $180 billion by 2032. Sayyid Asaad leads Oman's delegation at ASEAN-GCC Summit He explained that the volume of untapped opportunities remains vast, with current achievements affirming the right trajectory. He further added that the ASEAN-GCC merchandise trade exceeded $122 billion in 2023, alongside steadily rising Gulf investments in Asian markets, reflecting mutual confidence and deepening economic integration. These trends, he noted, highlight the potential for further growth through incentivised economic policies. He emphasised the importance of advancing economic, trade, investment and technical cooperation, expressing optimism for progress in free trade agreement negotiations. Such efforts, he added, would unlock investment opportunities, bolster regional supply chains and enhance collaboration in energy security and climate change. The summit addresses key topics, including strengthening ASEAN-GCC economic partnerships and cooperation in security, food, energy and climate change, alongside advancing technical, educational and cultural collaboration. The event aims to deepen strategic cooperation between GCC and ASEAN nations across economic, investment, political and cultural spheres while addressing issues of mutual interest to all participating states. — ONA


Observer
27-05-2025
- Politics
- Observer
Sayyid Asaad meets officials from Cambodia, Vietnam, Malaysia
KUALA LUMPUR: HH Sayyid Asaad bin Tarik al Said, Deputy Prime Minister for International Relations and Cooperation Affairs, Personal Representative of His Majesty the Sultan met in Kuala Lumpur on Tuesday with Hun Manet, Prime Minister of the Kingdom of Cambodia. The meeting took place on the sidelines of the ASEAN-GCC Summit and the ASEAN-GCC-China Summit. The meeting reviewed the bilateral relations and areas of cooperation between Oman and Cambodia. The two sides also touched on the agenda of both summits. HH Sayyid Asaad also met Bui Thanh Son, Deputy Prime Minister and Foreign Minister of the Socialist Republic of Vietnam. — ONA The meeting was attended by members of the delegation accompanying HH Sayyid Asaad and some Cambodian officials. HH Sayyid Asaad bin Tarik al Said, Deputy Prime Minister for International Relations and Cooperation Affairs, Personal Representative of His Majesty the Sultan also met in Kuala Lumpur with Bui Thanh Son, Deputy Prime Minister and Foreign Minister of the Socialist Republic of Vietnam. The meeting took place on the sidelines of the ASEAN-GCC Summit and the ASEAN-GCC-China Summit. The meeting reviewed the bilateral relations and explored means of boosting cooperation between Oman and Vietnam in various spheres. The two sides also exchanged views on a set of regional and global issues. They touched on the topics listed on the agenda of the two summits. The meeting was attended by members of the delegation accompanying HH Sayyid Asaad and some Vietnamese officials. HH Sayyid Asaad also met Fadillah Yusof, Minister of Energy Transition and Water Transformation of Malaysia. — ONA HH Sayyid Asaad also met in Kuala Lumpur with Fadillah Yusof, Minister of Energy Transition and Water Transformation of Malaysia. The meeting took place on the sidelines of the ASEAN-GCC Summit and the ASEAN-GCC-China Summit. The meeting reviewed relations between Oman and Malaysia, and explored means of boosting cooperation in different areas. The two sides also exchanged views on a set of regional and global issues. The meeting was attended by members of the delegation accompanying HH Sayyid Asaad and some Malaysian officials. — ONA


Times of Oman
27-05-2025
- Business
- Times of Oman
Sayyid Asa'ad leads Oman's delegation at ASEAN-GCC-China Summit
Kuala Lumpur: On behalf of His Majesty Sultan Haitham bin Tarik, HH Sayyid Asa'ad bin Tarik Al Said, Deputy Prime Minister for International Relations and Cooperation Affairs and Personal Representative of His Majesty the Sultan, headed the Sultanate of Oman's delegation at the ASEA-GCC-China Summit, which commenced on Tuesday in the Malaysian capital, Kuala Lumpur. The summit's opening featured addresses by heads of delegations, as HH Sayyid Asa'ad delivered a speech, during which he emphasised that the historical relations built on shared values, mutual interests, cooperation, and respect—reflected in the ancient Silk Road and the Belt and Road Initiative. The full text of the speech reads as follows: 'Our relations are historical, built on shared values and mutual interests, as well as cooperation and mutual respect—a legacy reflected in the ancient Silk Road and the Belt and Road Initiative. Today, we are writing a new chapter in the friendship between our nations. Together, we possess immense potential to drive positive change. Our combined population exceeds 2 billion people, with a GDP reaching $24 trillion, making our nations among the world's fastest-growing markets. The energy resources of this group, its workforce, and the goals we seek to achieve across various transformation sectors present significant investment opportunities in solar, wind, and green hydrogen energy. These foundations enable us to meet our future energy needs while advancing sustainable development in our countries—an aspiration we all share. Strengthening partnerships in transportation, logistics, and financial technology will enrich trade, investment, and tourism opportunities. It will enhance service efficiency, cross-cultural understanding, and support for small and medium enterprises, as well as knowledge exchange and private-sector partnerships among our nations. This will accelerate innovation, generate jobs, and empower our people to lead a future of sustainable prosperity. We must also emphasize that the Sultanate of Oman strongly supports expanding and liberalising trade between the Gulf Cooperation Council (GCC) countries, the Association of Southeast Asian Nations (ASEAN), and China. Oman is optimistic about the future of the Middle East, and we express our deep appreciation to our partners in ASEAN and China for their constructive role in this regard. Lasting regional peace will only be achieved if Israel ceases its policy of genocide against the Palestinians. The international community and all nations represented at this summit must take all political, diplomatic, and economic steps to end Israeli violence and ensure the delivery of humanitarian aid to Gaza. The vision of Oman and the overwhelming majority of the world's nations is to support a just and lasting peace based on the two-state solution, which requires the withdrawal of Israeli forces from the occupied Palestinian territories and the full recognition of Palestine as a full-fledged member of the United Nations. As a maritime nation and a friend to all, the Sultanate of Oman remains open to all initiatives aimed at strengthening partnerships between the Gulf region, ASEAN, and China. We always look forward to welcoming our friends and partners, working with them in a spirit of cooperation, progress, and constructive engagement.' On his turn, Sheikh Sabah Khaled Al Hamad Al Sabah, Crown Prince of the State of Kuwait, emphasised the summit's role in fostering multilateral cooperation and strategic partnerships based on integration, sustainable development, and mutual respect amid global economic and geopolitical challenges. He noted that GCC-China and GCC-ASEAN relations exemplify advanced cooperation models, with the 2022 GCC-China first Summit in Riyadh marking a strategic shift toward comprehensive economic, technological, and environmental collaboration. Chinese Premier Li Qiang highlighted the importance of regional openness and a unified "trilateral market," stating that integrating the GCC, ASEAN, and China—representing a quarter of the global population and GDP—would unlock growth opportunities. He welcomed progress on upgrading the China-ASEAN FTA and accelerating GCC-China FTA negotiations. Premier Li stressed turning developmental disparities into strengths through mutual respect, economic strategy alignment, and industrial role distribution. He endorsed Malaysian PM Anwar Ibrahim's "Dialogue of Civilizations" initiative to promote cultural understanding and global peace. The summit reviewed joint action plans, strategic dialogue with China, and cooperation in renewable energy, technology, education, health, AI, and scientific innovation.


Times of Oman
27-05-2025
- Business
- Times of Oman
Sayyid Asa'ad meets Energy Transition and Water Transformation Minister of Malaysia
Kuala Lumpur: HH Sayyid Asa'ad bin Tarik Al Said, Deputy Prime Minister for International Relations and Cooperation Affairs and Personal Representative of His Majesty the Sultan met in Kuala Lumpur on Tuesday with Fadillah Yusof, Minister of Energy Transition and Water Transformation of Malaysia. The meeting took place on the sidelines of the ASEAN-GCC Summit and the ASEAN-GCC-China Summit. The meeting reviewed relations between Oman and Malaysia, and explored means of boosting cooperation in different areas. The two sides also exchanged views on a set of regional and global issues.


Times of Oman
27-05-2025
- General
- Times of Oman
HH Sayyid Asa'ad meets Deputy Prime Minister, Foreign Minister of Vietnam
Kuala Lumpur: HH Sayyid Asa'ad bin Tarik Al Said, Deputy Prime Minister for International Relations and Cooperation Affairs and Personal Representative of His Majesty the Sultan met in Kuala Lumpur on Tuesday with Bui Thanh Son, Deputy Prime Minister and Foreign Minister of the Socialist Republic of Vietnam. The meeting took place on the sidelines of the ASEAN-GCC Summit and the ASEAN-GCC-China Summit. The meeting reviewed the bilateral relations and explored means of boosting cooperation between Oman and Vietnam in various spheres. The two sides also exchanged views on a set of regional and global issues. They touched on the topics listed on the agenda of the two summits. The meeting was attended by members of the delegation accompanying HH Sayyid Asa'ad and some Vietnamese officials.