Qatar-Oman Business Council reviews ways to boost cooperation

(12/5/2018 8:12:00 AM)

The Qatari-Omani Business Council held a meeting yesterday on the sidelines of the ongoing ‘Made in Qatar’ expo 2018 in Muscat and reviewed ways to enhancing cooperation among investors from two brotherly countries.

Both sides agreed to focus on developing joint cooperation between Qatari and Omani businessmen as well as eliminating all obstacles faced by investors.

In the meeting, the Qatari side was presided over by the First Vice-Chairman of Qatar Chamber (QC), Mohamed bin Towar Al Kuwari, while the Omani side was chaired by Mahmoud bin Mohamed Al Garawani. The meeting of Qatar-Oman Business Council also discussed investment opportunities available in Oman in food and manufacturing sectors.

The attendees agreed to activate the role of the council and adopt all means that help in enhancing communication between both sides. They also agreed to regularly hold the council’s meeting and designate a point of contact from each side for the follow-up.

Al Kuwari said that Qatar and Oman enjoy deep-rooted and historic bilateral relations, noting that holding the Made in Qatar expo in Oman stems from the joint desire to develop the Qatari-Omani ties and take them to even higher levels.

He called on Omani businessmen to take advantage of the attractive investment climate to enter into the Qatari market and increase their investments in Qatar.

In turn, Mahmoud bin Mohamed Al Garawani said that the joint business council would strengthen communication between businessmen from both countries, encourage them establish more investments , help increase trade volume as well as remove all obstacles that might hinder establishing joint ventures. He affirmed that Omani and Qatari businessmen have shown strong desire to set up joint projects.

Al Garawani called Qatari businessmen to identify the investment opportunities galore in Oman, especially in agriculture sector, affirming that this sector in promising with the abundance of cultivable lands. He reviewed means of achieving integration between both parties in industry sector and the reliance on modern technology in manufacturing of food.

QC’s board member and member of the Qatar-Oman Business Council, Abdulrahman Al Ansari, said that Qatari businessmen are looking forward towards increasing their investments in Oman in all sectors, noting that there are successful Qatari-Omani partnerships. QC’s board member and member of the Qatar-Oman Business Council, Nasser Al Haider, said that the businessmen from both side are having a major role to play in enhancing trade exchange between both countries.

Meanwhile, the Chairman of the Board of Directors of the Oman Chamber of Commerce and Industry (OCCI), Qais Al Yousuf, hosted a dinner in honour of the Qatari delegation participating in the expo and the business forum which will conclude tomorrow in the Omani capital.

The ceremony was attended by Al Kuwari; Rashed-Hamad Hzaa Al Azba Second Vice-Chairman of Qatar Chamber, and other members of the Board of Directors of QC including Ali bin Abdullatif Al Misnad; Mohammed bin Ahmed Al Obaidli, Abdul Rahman Al Ansari, and other prominent Qatari businessmen.

During the dinner, they exchanged views on the bilateral relations between the business communities in Qatar and Oman and the importance of holding an exhibition in Qatar in highlight the investment opportunities in the Sultanate of Oman.

The businessmen also stressed on the importance of taking advantage of such events in enhancing relations and boosting trade and investment cooperation between the two brotherly countries.

The Peninsula