Omani-Indian Joint Committee to hold tenth meeting

Oman Tuesday 10/May/2022 12:44 PM
By: Times News Service
Omani-Indian Joint Committee to hold tenth meeting
His Excellency Qais bin Mohammed Al-Yousef, Minister of Commerce, Industry and Investment Promotion

Muscat: The Omani-Indian Joint Committee will hold its tenth meeting in New Delhi, India, on Thursday 12 May 2022.

Oman’s delegation is headed by Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion.

The meeting aims at strengthening trade and investment relations between the two countries in sectors of mutual interest.

The Omani delegation includes a number of officials and representatives of the public sector, comprising the Oman Investment Authority (OIA), the Public Authority for Special Economic Zones and Free Zones (OPAZ), the Public Establishment for Industrial Estates (Madayn), Oman Chamber of Commerce and Industry (OCCI) and a number of businessmen and representatives of major private sector companies in the Sultanate of Oman.

The programme includes organising B2B meetings between major companies from both sides in the targeted sectors to discuss opportunities for cooperation and investment. Omani companies operating in the construction, manufacturing, retail, automobiles, renewable energy, pharmaceutical and tourism sectors will participate in the meetings.

Al Yousef underscored the the depth of trade and investment relations between the Sultanate of Oman and the Republic of India.

Those relations attributed to boosting cooperation, partnerships in various fields.

Al Yousef also underlined the role of the Omani-Indian Joint Committee in creating new trade and investment partnerships by providing the appropriate environment for businessmen from both sides.

The Ministry of Commerce, Industry and Investment Promotion aims through this visit to improve the business milieu and raise the competitiveness of Oman in the field of attracting investments and working to achieve the goals of Oman Vision 2040.

The “Invest in Oman” forum will be held on the sidelines of the visit in Mumbai, India. The forum aims to introduce the business milieu and highlight investment opportunities available in Oman.