Oman and Mongolia strengthen investment ties

ULAANBAATAR: Abdulsalam bin Mohammed al Murshidi, President of the Oman Investment Authority, led a delegation to Ulaanbaatar for high-level discussions with Gombojav Zandanshatar, Prime Minister of Mongolia.
During the meeting, the Mongolian Prime Minister welcomed the opportunity to bolster ties with the Sultanate of Oman, underlining Mongolia’s keenness to forge a practical partnership grounded in mutual benefit, particularly in facilitating investments across priority sectors.
Al Murshidi highlighted the importance of enhancing bilateral cooperation not only in investments but also in all areas of shared interest.
The Omani delegation held a series of official meetings with several Mongolian officials, including Damdinnyam Gungor, Minister of Industry and Mineral Resources; Batkhuu Edesh, Secretary General of the Ministry of Economy and Development; Ganbold Bata, Advisor and Head of the Office of the Deputy Prime Minister; V Enkhbaatar, Director General of the Investment and Trade Agency; and T Munkhtor, Advisor to the Minister of Food, Agriculture and Light Industries.
Discussions focused on investment prospects in mining, energy, agriculture, and food production. Both sides examined possibilities for joint projects, trade facilitation, and the creation of a conducive environment for long-term investment.
The two parties also agreed to intensify technical-level dialogue in the near future, aiming to establish executive frameworks for bilateral cooperation.
The official visit underscored the mutual desire of Oman and Mongolia to establish a broad and sustainable strategic partnership, reflecting the considerable potential for cooperation across economic and development sectors.
The meetings were attended by Shaikh Abdulaziz bin Abdullah al Hinai, Ambassador-at-Large at the Ministry of Foreign Affairs, alongside senior officials from both nations. — ONA