Saturday, September 23, 2023 | Rabi' al-awwal 7, 1445 H
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Oman-Tunisia Business Forum to strengthen economic ties

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Trade and economic ties between the Sultanate of Oman and Tunisia are poised for significant growth following a Business Forum organised by the Oman Chamber of Commerce and Industry (OCCI) earlier this week.

Chaired by Shaikh Faisal bin Abdullah al Rawas, Chairman of the Board of Directors of OCCI, the forum brought together key figures, including Samir Said, Minister of Economy and Planning of the Republic of Tunisia, and members of the Chamber's Board of Directors. Notably, the event saw the participation of Omani and Tunisian business leaders.

The primary goal of the forum was to strengthen economic ties between Oman and Tunisia, with a focus on facilitating trade and investment. This objective aligns with the shared values of cooperation and mutual understanding that underpin the relationship between the two countries. Al Rawas emphasized the importance of private sector cooperation, citing it as a crucial driver for sustainable economic growth.

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Samir Said, the Minister of Economy and Planning of the Republic of Tunisia, commended the robust historical ties between the two nations and underscored the need for joint efforts to address current economic challenges. He spoke of the exceptional circumstances facing Arab countries in light of rapid global changes and technological advancements, emphasizing the importance of collaboration to navigate these challenges successfully. Minister Said also highlighted Tunisia's comprehensive reforms designed to rejuvenate economic activity, including improvements in the investment ecosystem, digital transformation, and incentives for startups.

Abdellatif al Turki, President of the Oman-Tunisia Business Council, emphasized the untapped economic potential between the two nations. He highlighted the forum's objective of exploring new investment opportunities and experiences, underlining the importance of increased interaction among business leaders from Oman and Tunisia.

The forum's presentations covered a wide range of topics, including investment prospects and incentives. Oman presented its projects and investment opportunities through a visually engaging presentation delivered by Mahna al Sinani from the Ministry of Commerce and Industry and Investment Promotion.

Anas al Jumaa from the Public Authority for Special Economic Zones and Free Zones (OPAZ) presented an insightful paper on the advantages of Oman's free zones and the support offered to investors.

From the Tunisian side, Hatem al Sousi from the Foreign Investment Promotion Agency shared a comprehensive paper on Tunisia's investment attractiveness and promising sectors. These presentations highlighted the immense potential for collaboration between the two countries, emphasizing sectors such as transportation, tourism, renewable energy, and logistics.

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