Muscat: The Omani-Indian Joint Committee held a virtual meeting on Monday 19th October 2020, which discussed means of strengthening cooperation relations between the two friendly countries in various economic, trade, investment and service fields and to raise the volume of trade exchange between them.
The Omani side was chaired by Qais bin Muhammad Al Yousuf, Minister of Commerce, Industry and Investment Promotion, and on the Indian side was chaired by Hardeep Singh Puri, Minister of State for Commerce and Industry of the Republic of India.
The two sides stressed the importance of holding such meetings to achieve the goals, implement agreements and follow up them on an ongoing basis.
The committee called on Indian investors to invest in promising sectors in the field of renewable energy, such as wind and solar energy, food security projects, cooperate in the field of space, invest in the tourism sector and the health sector, cooperation in the field of information technology and support for small and medium enterprises. The committee also focused on facilitating the entry of goods into the Sultanate.
The meeting was attended by Asila bint Salim al-Samsami, Undersecretary of the Ministry of Commerce, Industry, and Investment Promotion for Investment Promotion, Eng. Ridha bin Juma Al Salih, Chairman of Oman Chamber of Commerce and Industry (OCCI) and a number of officials from both sides.
It is noteworthy that the Sultanate has a remarkable economic cooperation with the Indian side, registering a growth in Omani exports to India by 0.69 percent. The volume of trade exchange between the Sultanate and India has reached more than RO 5.93 billion. The Indian exports to the Sultanate have risen 33 percent in 2019.
more recommended stories
Plans for Omanisation on teaching professional in Oman: Ministry of Education
Muscat: Oman’s Ministry of Education plans.
Oman’s Ministry of Health denies rumours on number of Covid-19 cases
Muscat: Ministry of Health denies rumours.
More than 215,000 expats left Oman until December 2020
Muscat: The number of expatriate workers.
Young Omani man decides to search for doctors who saved his life while he was born
Muscat: More than 24 years ago,.
Oman extend the land border closure for another week until February 1
Muscat: Oman’s Supreme Committee decides to.
There are those who resort to buying kidney or liver illegally: Minister of Health
Muscat: His Excellency Dr. Ahmed bin.
Mwasalat announces additional bus stop at BurjAlSahwa route 36
Muscat: “Mwasalat” announced the addition bus.
Omanization rate in the Ministry of Health increased to 72% in 2019 compared to 69% in 2016.
Muscat: The sixth regular session of.
Oman bans work visas for expats, list of professions announced, Ministry of Labour
Muscat: The Minister of Labor, issued.
His Majesty Sultan Haitham sends written message to Palestinian President
Muscat: His Majesty Sultan Haitham bin.