Skip to content

Connecting business. Building understanding. Advancing peace.

Daily BriefVerify a certificateDue Diligence
Become a Member

China Urges Early Conclusion of China-GCC Free Trade Agreement in Oman Talks

Chinese Premier Li Qiang met with Sultan Haitham bin Tarik of Oman in Beijing to advance bilateral and regional economic ties. Premier Li called for accelerating negotiations to reach an early conclusion of the China-Gulf Cooperation Council free trade agreement. Discussions also covered strategic alignment across oil, gas, clean energy, and advanced technology sectors.

Published Source: The State Council of the People's Republic of China
Issuing authority
The State Council of the People's Republic of China
Jurisdiction
China
Publication date
November 3, 2026
Stage
Draft / consultation
Official document
China-GCC Free Trade Agreement negotiations
Official source
bulten.tespam.org
Illustration: A modern bilateral trade negotiating table set in a formal conference hall overlooking a Gulf port with shipping containers and energy i
Illustration

Chinese Premier Li Qiang met with Sultan Haitham bin Tarik of Oman in Beijing on November 2, 2026, to advance bilateral and regional economic partnerships, according to a report from The State Council of the People's Republic of China.

During the meeting, Premier Li called on both parties to accelerate the early conclusion of free trade agreement negotiations between China and the Gulf Cooperation Council (GCC). He emphasized China's readiness to align strategic development blueprints with Oman and deepen cooperation across the oil, gas, and clean energy sectors.

Premier Li also noted opportunities to expand bilateral trade and technical collaboration into emerging sectors, including artificial intelligence, information technology, and aerospace. Sultan Haitham affirmed Oman's commitment to strengthening investment coordination with China and supporting Middle East stability.

Sources

More from Policy & Legal Updates

View all
Policy & Legal Updates
Source: Khaleej Times

UAE Tech Firms Face Higher First-Year Tax Under R&D Capitalisation Rules

An accounting analysis published by Khaleej Times indicates that UAE technology companies could see their first-year corporate tax bill surge by over 128% depending on how R&D costs are classified. Under IAS 38 rules, capitalising development spending rather than expensing it immediately increases first-year taxable income. The report highlights the need for careful financial planning ahead of the UAE's planned 2026 R&D tax credit launch.

China–UAE News
Source: CGTN

Ras Al Khaimah Opens Guangzhou Gateway and Signs MoUs in Shenzhen

UAE Supreme Council Member and Ruler of Ras Al Khaimah Sheikh Saud bin Saqr Al Qasimi led a high-level delegation to Guangdong Province, inaugurating RAK International (Guangzhou) LLC. The new consultancy serves as a permanent business gateway to connect Chinese investors with corporate opportunities in the emirate. During the RAK-China Business Summit in Shenzhen, the delegation signed several MoUs focusing on manufacturing, clean energy, and artificial intelligence.

The UECN Brief

Policy updates, China–UAE business news and industry insights, delivered to your inbox.

Language
Subscriptions

Double opt-in: we send a confirmation link. Unsubscribe at any time. Privacy