Oman marks 25 years of WTO membership
During the event, Oman highlighted key aspects of its experience in leveraging WTO membership to modernise its national economy, develop its business environment, and restructure its legal and trade frameworks in line with global standards.
The Sultanate of Oman reaffirmed its steadfast commitment to the principles of the multilateral trading system and its active role in supporting its stability and expanding membership.
Dr. Saleh Said Masan, Undersecretary of the Ministry of Commerce, Industry, and Investment Promotion for Commerce and Industry, stated that Oman's 25-year WTO journey marks a significant milestone in advancing its national economy, enhancing competitiveness, and integrating with the global economy.
In remarks to Oman News Agency (ONA), he noted that WTO membership enabled Oman to implement comprehensive structural reforms in its business environment and align trade policies and legislation with international standards, boosting investor confidence and solidifying Oman's position as a committed and open global trade partner.
He emphasised that Oman has adopted a balanced approach since joining the WTO, harmonizing national interests with international obligations while continuously supporting the multilateral trading system.
He further reiterated Oman's unwavering commitment to continuing reforms and openness, supporting developing nations, and facilitating their integration into the global economy—promoting shared growth and upholding the principles of trade justice and inclusive development championed by the WTO.
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