Members of the Qatari-Omani Business Council discussed ways of developing joint co-operation between Qatari and Omani businessmen and reviewed the mechanisms of communication to overcome obstacles that may face investors on both sides.
The meeting was held on the sidelines of the ‘Made in Qatar’ exhibition in Muscat, Oman, where the two parties agreed to appoint a point of communication on each side. The meeting will be held on a regular basis and reviewed the investment opportunities available in the Sultanate of Oman in the food and manufacturing sectors.
Vice-chairman of Qatar’s Chamber of Commerce Mohammed bin Ahmed bin Towar, who also heads the Qatari side in the council, said that economic relations between the private sector in the two brotherly countries are witnessing remarkable growth at all levels. He added that historical ties between the two countries have been a major supporter of strong economic and trade cooperation in light of establishing a link between Hamad Port and the ports of Salalah and Sohar.
He also called on Omani businessmen to increase their investments and business in Qatar, in order to benefit from the attractive investment climate. He noted that holding the ‘Made in Qatar’ exhibition in Muscat aims to promote the Qatari industry among Omani investors. The vice-chairman said that Qatar Chamber was ready to support any Omani investor wishing to establish business in Qatar by providing the necessary data and information.
Head of the Omani side at the Council Mahmoud bin Mohamed bin Ali al-Jarwani said that the Council will work to strengthen communication between businessmen in the two brotherly countries, encourage them to enter the available investment opportunities, and support the increase in the volume of trade exchange and find mechanisms to overcome the challenges. He said that the Made in Qatar exhibition in Muscat is an opportunity to bring together business owners from the two countries, learn about the latest projects in the industrial sector and conclude contracts and deals that benefit the Qatari and Omani economies.
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