Oman-Hungary Business Forum explores boosting investments, trade exchange

Business Tuesday 24/October/2023 18:24 PM
By: ONA
Oman-Hungary Business Forum explores boosting investments, trade exchange

Muscat: The Oman-Hungary Business Forum held in Muscat explored opportunities to enhance investment and trade exchange between the two countries.

The event was organised by the Oman Chamber of Commerce and Industry (OCCI).

The forum also reviewed means of striking partnerships between Omani and Hungarian businesspeople. It also highlighted available opportunities in the Sultanate of Oman, especially in economic diversification sectors which are targeted by Oman Vision 2040. Further, the forum showcased incentives provided by Oman to investors.

Faisal Abdullah Al Rawas, Chairman of OCCI said that the forum was held at a time in which both countries strive to seize available opportunities.

Al Rawas underscored the depth of diplomatic relations between Oman and Hungary which are established based on mutual respect.
In his turn, Barnabas Fodor, Ambassador of Hungary to Oman expressed his keenness to further develop mutual relations, especially in business fields.

He added that the opening of Oman’s embassy in Hungary will contribute to further boosting business relations.
Moreover, the Public Authority for Special Economic Zones and Free Zones (Opaz) gave a presentation in which it highlighted incentives offered by Opaz.

The forum also included several B2B meetings to explore possibilities of striking agreements and partnerships and expanding cooperation.