Oman, Qatar discuss trade cooperation

MUSCAT: Anwar bin Hilal al Jabri, Minister of Commerce, Industry and Investment Promotion and Eng Said bin Hamoud al Maawali, Minister of Transport, Communications and Information Technology, discussed today at 'Invest Oman' lounge with Shaikh Faisal bin Thani al Thani, Minister of Commerce and Industry in the State of Qatar, ways to enhance economic, commercial, industrial and investment cooperation between the two countries.
They also explored new horizons for partnership in a number of sectors of mutual interest.
During the meeting, economic and commercial relations between the Sultanate of Oman and the State of Qatar were reviewed, alongside discussing available opportunities to expand areas of cooperation, particularly in commercial, industrial and investment sectors, as well as sectors related to transport, logistics and modern technologies, in a manner that contributes to enhancing economic integration and benefiting from the potential and opportunities in the two countries.
The meeting also covered ways to enhance mutual investments, encourage private sector institutions in both countries to establish qualitative partnerships and projects; and benefit from available investment opportunities, thereby contributing to supporting economic diversification, maximising added value and enhancing the competitiveness of the Omani and Qatari economies.
The two sides discussed the importance of enhancing communication between businesspeople in the two countries and continuing coordination and integration between concerned entities, contributing to developing trade and investment movement, creating more opportunities for investors and opening broader horizons for partnerships and joint projects in promising sectors.
The meeting was attended by Ibtisam bint Ahmed al Farooji, Under-Secretary of the Ministry of Commerce, Industry and Investment Promotion for Investment Promotion; Ghalib bin Said al Maamari, Under-Secretary of the Ministry of Commerce, Industry and Investment Promotion for Commerce and Industry; Eng Khamis bin Mohammed al Shammakhi, Under-Secretary of the Ministry of Transport, Communications and Information Technology for Transport; Sayyid Saleh bin Majid al Khulaifi, Assistant Undersecretary for Industry Affairs and Business Development at the Qatari Ministry of Commerce and Industry; Shaikh Mubarak bin Fahad Jassim Mohammed al Thani, Ambassador of the State of Qatar to the Sultanate of Oman; and a number of officials from the Omani and Qatari sides.
The visit comes within the framework of the firm fraternal relations connecting the Sultanate of Oman and the State of Qatar and the continuous development they undergo across various fields. It reflects the keenness of both countries to build upon the achieved economic cooperation and transition it towards broader horizons by enhancing qualitative investments, developing commercial, industrial and investment partnerships; and exploring new areas of cooperation, supporting the paths of development and economic diversification and achieving the mutual interests of the two countries. — ONA