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Call to boost exports to international markets
๐Ÿ‡ด๐Ÿ‡ฒ Oman /Economy & Trade

Call to boost exports to international markets

From Times of Oman · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Oman's Ministry of Commerce, Industry and Investment Promotion met with exporting companies to boost national exports.
  • The meeting aimed to understand exporters' needs and challenges in regional and international markets.
  • The ministry is working to expand Omani exports and open new markets for national products.

Oman's Ministry of Commerce, Industry and Investment Promotion is actively seeking to enhance the competitiveness of national exports by engaging directly with exporting companies. A recent meeting at the ministry's headquarters brought together key players in the export sector to foster a stronger partnership and identify strategies for growth in regional and international markets.

The Ministry is proceeding with enhancing direct communication with business owners and exporters, as they are a key partner in achieving economic diversification targets.

โ€” Anwar Hilal Al JabriHighlighting the ministry's commitment to engaging with the private sector for economic growth.

The dialogue focused on understanding the specific needs and challenges faced by Omani exporters. By listening to their views and proposals, the ministry aims to align its support programs with the practical requirements of businesses and develop effective mechanisms to improve the export ecosystem. This collaborative approach is seen as crucial for achieving the nation's economic diversification targets.

Anwar Hilal Al Jabri, Minister of Commerce, Industry and Investment Promotion, emphasized the importance of direct communication with business owners and exporters, recognizing them as vital partners in Oman's economic development. He highlighted that improving the export environment is a fundamental pillar for strengthening the national economy's competitiveness.

Developing the export environment represents one of the fundamental pillars in supporting the competitiveness of the national economy.

โ€” Anwar Hilal Al JabriStressing the importance of exports for Oman's economic strength.

The ministry is committed to creating the necessary enablers for expanding the base of Omani exports and penetrating new global markets. Eng. Ghalib Said Al Maamari, Undersecretary for Commerce and Industry, noted that this participatory approach allows for a direct understanding of challenges and facilitates the implementation of clear executive mechanisms to address them. Enhancing the efficiency of procedures and facilitating export movement are top priorities.

This approach aims to build effective communication channels with exporters, allowing for a direct understanding of challenges and working to address them through clear executive mechanisms.

โ€” Eng. Ghalib Said Al MaamariExplaining the ministry's participatory approach to supporting exporters.

The meeting also reviewed existing government enablers, including free trade agreements with various countries and blocs such as the GCC, GAFTA, the US, and India, alongside ongoing negotiations and export promotion programs. These resources are intended to help Omani products gain greater access to foreign markets and increase their added value.

The Ministry places improving the efficiency of procedures and facilitating the movement of exports at the forefront of its priorities.

โ€” Eng. Ghalib Said Al MaamariDetailing the ministry's focus on streamlining export processes.
DistantNews Editorial

Originally published by Times of Oman. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.