Oman participates in 13th WTO Ministerial Conference in Abu Dhabi

Oman Takes Part in 13th WTO Ministerial Conference in Abu Dhabi

Abu Dhabi: The Sultanate of Oman is participating today in the 13th Ministerial Conference of the World Trade Organization, which is being held in the Emirati capital, Abu Dhabi, until February 29.

In his speech during the conference, His Excellency Qais bin Muhammad Al-Yousef – Minister of Trade, Industry and Investment Promotion – Head of the Sultanate of Oman’s delegation – expressed a number of visions and aspirations that reflect the aspirations of the Sultanate of Oman regarding the negotiating topics that will be discussed during the conference days, including the issue of supporting fisheries, pointing out The Sultanate of Oman seeks to reach a balanced agreement that preserves the needs of developing and least developed member states.

His Excellency affirmed the Sultanate of Oman’s support for the joint statement initiative on facilitating investment for development to simplify procedures in order to facilitate attracting investments and create favorable conditions for investors.

The conference discusses the latest developments in the ongoing negotiations between member states on topics related to trade negotiations on the Fisheries Support Agreement and other topics related to the agricultural sector, intellectual property, development issues, and e-commerce.

The delegation accompanying His Excellency includes a number of officials from the Ministry of Foreign Affairs, the Ministry of Agricultural Wealth, Fisheries and Water Resources, in addition to the Ministry of Trade, Industry and Investment Promotion.

On the sidelines of the conference, His Excellency Qais bin Muhammad Al-Yousef – Minister of Trade, Industry and Investment Promotion, met with His Excellency Maren Ratnik, Assistant Minister of Foreign Affairs of the Republic of Estonia, during which they exchanged a number of bilateral topics related to enhancing trade and investment exchange between the two countries within the framework of the existing relations that bind the two countries.

During the meeting, His Excellency stressed the desire of the Sultanate of Oman to benefit from the capabilities and expertise of Estonia in the field of information technology and in the field of clean energy. For its part, the Estonian side expressed its keenness to strengthen relations by seeking to sign agreements that encourage mutual investments and an agreement to prevent double taxation.

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