Muscat: An agreement for developing economic cooperation and relations was signed by the Sultanate, represented by the Ministry of Commerce and Industry, with the Republic of Lithuania on Monday.
The agreement aims to establish long term economic relations between the two countries, encouraging economic cooperation, creating investment-friendly environment for both countries, facilitating sharing of information and establishing business relations, especially among SMEs in both countries and organising fairs and seminars in both countries.
The agreement included forming a joint committee between the two countries for enhancing and diversifying economic cooperation in industry, energy, transport, science, technology innovation, IT, building materials, environment, agriculture, tourism, education and health services fields.
The agreement was signed by Eng. Ahmed bin Hassan Al Dheeb, Undersecretary of the Ministry of Commerce and Industry and Minister of Foreign Affairs of the Republic of Lithuania.