Ithraa conducts successful Malaysian talks
June 26, 2015 | 10:11 PM
by Times News Service

Muscat: Underlining the importance Oman places on Malaysia as a trade destination, top managers from Ithraa, Oman’s investment promotion and export development agency, recently went on a fact-finding mission to Kuala Lumpur to meet their counterparts at the Malaysia External Trade Development Corporation (MATRADE).

Headed by Nasima Al Balushi, Ithraa’s director general of Export Development, Ithraa management held four-days of trade talks with representatives from MATRADE, the Export-Import Bank of Malaysia, the Malaysian Investment Development Authority and the SME Corporation Malaysia.

“Providing information and a platform for Omani non-oil exporters to explore international business opportunities and penetrate new markets is fundamental to our mandate,” Nasima Al

Balushi said.

Malaysia’s economy is set to grow between 4.5 per cent and 5.5 per cent this year, making it one of the 20 fastest-growing economies in the world. It is an economy with strong fundamentals that is on a steady and sustainable growth path.

Al Balushi went on to add, “The Sultanate is open for business and the government is committed to supporting non-oil Omani export growth and encouraging inward investment. This was the message we were delivering to colleagues in Kuala Lumpur.”

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