Oman, Pakistan focus on key sectors for cooperation
Muscat – H E Qais bin Mohammed al Yousef, Minister of Commerce, Industry and Investment Promotion, met on Wednesday with Jam Kamal Khan, Federal Minister of Commerce of the Islamic Republic of Pakistan, who is currently visiting Oman.
The meeting focused on enhancing economic relations and exploring opportunities for cooperation and partnership across key sectors, particularly food security, mining, and medical and pharmaceutical supplies.
Discussions also addressed ways to leverage promising sectors, attract investments, facilitate trade procedures, and increase bilateral trade exchange.
H E Yousef spoke of the robust economic ties between Oman and Pakistan, underscoring the importance of expanding trade and investment cooperation and strengthening partnerships between private sector institutions and companies in both nations.
According to the National Center for Statistics and Information, Oman's trade balance with Pakistan until December 2024 favoured Pakistan. Omani exports to Pakistan were valued at approximately RO89mn, while imports from Pakistan reached RO97.6mn. Key imports from Pakistan include rice, corn, and barium sulfate, while Oman's primary exports to Pakistan consist of polypropylene, polyethylene, aluminium, and lead.
H E Habsi meets
H E Dr Saud bin Hamoud al Habsi, Minister of Agriculture, Fisheries and Water Resources, also hosted Minister Khan. The meeting focused on strengthening cooperation in the agricultural sector and exploring joint investment opportunities aimed at advancing agriculture in both nations.
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