Muscat: A workshop was organized on Tuesday on activating the memorandum of cooperation (MoC) signed by the Sultanate of Oman, represented by the Ministry of Finance, and the Export–Import Bank of the United States.
The workshop discussed financing tools, guarantees and assurances provided by the Bank, as well as benefits and advantages made available via the MoC. The workshop also touched on the experience of some countries and companies that benefited from the US Bank's services.
The workshop was held under the auspices of Tahir Salim al Amri, Executive President of the Central Bank of Oman (CBO).
Aseel Mohammed Ridha al Lawati, Director General of the Public Debt Unit at the Ministry of Finance, said that the MoC, signed on February 23, 2023, grants companies operating in government projects the right to benefit from the services provided by the Export–Import Bank of the United States to the tune of $500 million.
The event was participated by officials representing several public and private establishments.
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