Oman & India sign MoU on Mining Sector

Muscat: An agreement has been signed between Oman & India to promote cooperation in the filed of mining sector

In the statement Oman’s Ministry of Energy and Minerals said: Stemming from the distinguished relations between the Ministry of Energy and Minerals and IREL (India)and develop cooperation between them in the field of mining. A memorandum of understanding was signed today to enhance and develop cooperation between them in the field of mining

The Memorandum of Understanding states that the parties encourage cooperation in exchange experiences on supporting innovation and application of modern methods and technologies in minerals exploration, and developing the mining industries

The conclusion of this agreement comes within the efforts of Ministry of Energy and Minerals to develop the mining sector in Oman in line with the forward looking aspirations as one of the targeted economic diversification sectors in Oman vision 2040.


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