Oman, Saudi to strengthen commercial cooperation
The meeting emphasised the depth of economic relations between the two countries and the importance of enhancing joint cooperation in industrial, commercial and investment fields, in line with the national visions of both Oman and Saudi Arabia. Priority initiatives were reviewed, with a focus on continued institutional coordination to achieve industrial and commercial integration and strengthen the shared investment environment.
Dr Saleh bin Said Masan, Under-Secretary of the Ministry of Commerce, Industry and Investment Promotion for Commerce and Industry, also held an official meeting with the Saudi side. Discussions centred on enhancing industrial cooperation and economic integration, exploring strategic areas to expand collaboration, and developing partnerships between the public and private sectors in both countries.
The meeting highlighted promising opportunities in supply chains and manufacturing, initiatives to integrate Omani and Saudi industrial systems, and cooperation in value-added industries. Challenges related to the flow of goods and services were addressed, with emphasis on joint efforts to innovate new initiatives that enhance regional competitiveness and support sustainable development.
This meeting builds on ongoing efforts to strengthen economic partnership between Oman and Saudi Arabia, aiming to build an integrated regional economy that aligns with global transformations and fosters shared prosperity.
A number of officials from both sides attended the meeting. - ONA
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