Oman, Belarus ways discuss to boost economic cooperation, bilateral trade

Business Sunday 11/February/2018 23:09 PM
By: Times News Service
Oman, Belarus ways discuss to boost economic cooperation, bilateral trade

Muscat: The Omani-Belarusian Parliamentary Friendship Committee at the State Council on Sunday explored means of promoting economic cooperation between the Sultanate and Belarus, as well as augmenting trade exchange between the two sides.
The panel reviewed at its 1st meeting of the 3rd annual sitting of the 6th term under the chair of Dr. Ahmed bin Ali Al Meshaikhi, several reports including one from the Foreign Ministry on the Bilateral Relations between the Sultanate and the Republic of Belarus, a report of the Public Authority for Investment Promotion and Export Development (Ithraa) on Development of Investment and Economic Relations between the two countries and a report from Oman Chamber of Commerce and Industry (OCCI) on Trade Exchange between the two countries.
The Committee addressed reasons for the decline of the trade exchange volume between the two countries. It also developed an action plan that includes four key themes for promoting economic cooperation, augmenting the volume of trade exchange between the two sides, developing the bilateral relations in areas of culture, tourism, education and scientific research, as well as enhancing parliamentary relations and sharing expertise between the two councils in a manner that pushes the relations towards broader avenues.