HM the Sultan, King of Spain reaffirm shared commitment to strengthening joint economic cooperation

Oman Wednesday 05/November/2025 18:23 PM
By: Times News Service
HM the Sultan, King of Spain reaffirm shared commitment to strengthening joint economic cooperation

Muscat: His Majesty Sultan Haitham bin Tarik and King Felipe VI of the Kingdom of Spain have emphasised the significance of collaborative efforts to strengthen economic partnerships and foster growth and innovation, while expressing their satisfaction with the existing investment framework and mutual aspiration to elevate it to more substantial levels.

The joint communique issued on the occasion of the state visit undertaken by His Majesty Sultan Haitham bin Tarik to the Kingdom of Spain reads as follows:

"As per the gracious invitation of His Majesty King Felipe VI of the Kingdom of Spain, His Majesty Sultan Haitham bin Tarik has paid a state visit to the Kingdom of Spain from 3 to 5 November 2025. This visit manifested the profound historical bonds of friendship between the two Royal Families, cultivated over decades, and demonstrated the resolute commitment of both nations to enhance bilateral cooperation across diverse domains for the benefit of their respective peoples.

His Majesty Sultan Haitham bin Tarik held meetings with His Majesty King Felipe VI and Pedro Sánchez Pérez-Castejón, Prime Minister during which perspectives were exchanged on matters of bilateral and international mutual concern. Both sides reaffirmed their shared dedication to advancing peace and stability in conflict regions worldwide.

Within this framework, the two parties deliberated on contemporary developments and shared assessments of regional circumstances, welcoming the Sharm El-Sheikh peace agreement which resulted in ceasefire implementation, hostage release, and humanitarian access to Gaza.

They acknowledged with appreciation the mediation endeavours undertaken by the United States, Egypt, Qatar, and Turkey. The peace agreement represents a renewed beacon of hope, underscoring the imperative of achieving an equitable solution that safeguards the legitimate rights of both Palestine and Israel, founded upon the two-state solution.

They affirmed the Palestinian people's right to self-determination and the establishment of their independent, sovereign state based on the 1967 borders with East Jerusalem as its capital, consistent with international legitimacy resolutions and the Arab Peace Initiative.

In this context, both sides emphasised that the UN General Assembly resolution endorsing the "New York Declaration on the Implementation of the Two-State Solution" should serve as a definitive roadmap toward enduring peace.

They further voiced profound apprehension regarding the catastrophic humanitarian conditions in the Gaza Strip and affirmed support for international initiatives directed toward comprehensive implementation of the peace agreement across all phases, while stressing the critical necessity of delivering urgent humanitarian assistance to civilians and reconstructing Gaza.

The two leaders urged all involved parties to ensure the successful realisation of the peace agreement, uphold international law and humanitarian principles, and implement immediate, substantive measures that guarantee justice, peace, and security for Palestinians, Israelis, and all regional populations.

Both sides emphasised the paramount importance of resolving disputes and conflicts through diplomatic dialogue and peaceful means, with unwavering respect for international legal principles and the United Nations Charter. They affirmed the central role of diplomatic engagement and agreed to enhance cooperation at bilateral and multilateral levels to address regional and international challenges constructively.

On bilateral matters, the two sides highlighted the crucial importance of intergovernmental cooperation in advancing economic partnerships and stimulating growth and innovation.

The visit featured the signing of a Mutual Visa Exemption Agreement for Official Passport Holders, alongside multiple Memoranda of Understanding encompassing cultural and sporting cooperation, transition to clean energy, investment promotion, water resource management, transportation, and agricultural development.

Both parties expressed contentment with the existing investment partnership and mutual ambition to elevate it to more advanced levels, having explored cooperative opportunities in pivotal sectors including manufacturing, mining, tourism, artificial intelligence, energy, and space technology, with emphasis on establishing a future-oriented framework based on mutual understanding and collaboration.

In the presence of Their Majesties and Their Excellencies the Ministers, a meeting was convened with distinguished representatives from leading Spanish corporations in energy, engineering, technology, and other strategic sectors, focusing on shared priorities and innovative cooperation pathways. Subsequently, the respective Chambers of Commerce conducted negotiations culminating in a signed Memorandum of Understanding.

Looking ahead, the Sultanate of Oman and the Kingdom of Spain reaffirmed their commitment to consolidating their strategic relationship and deepening cooperation across vital sectors, particularly in energy transition focusing on carbon neutrality, renewable energy, and green hydrogen development, alongside collaborative water resource management initiatives, leveraging both nations' extensive expertise in sustainable hydrological solutions.

Recognising the importance of people-to-people connections, and rooted in their belief in the profound historical and human ties between the two regions and nations, the Sultanate of Oman and the Kingdom of Spain expressed their dedication to enhancing cooperation in academic and research exchanges. They emphasised the value of knowledge and research sharing, improved archival access, and the launch of joint initiatives in historical studies through partnerships involving governments, academic institutions, and the private sector.

The two sides further expressed satisfaction with the visit's outcomes and determination to build upon the current positive momentum and productive relations to serve mutual interests, reaffirming their commitment to realizing a future characterized by peace, prosperity, sustainability, and global inter-connectedness for universal benefit.

His Majesty Sultan Haitham bin Tarik extended heartfelt gratitude and appreciation to His Majesty King Felipe VI, Pedro Sánchez, Prime Minister and the friendly Spanish nation for the exceptionally warm reception and generous hospitality accorded to His Majesty and the accompanying delegation throughout their stay in the Kingdom of Spain."