{"id":1523,"date":"2021-07-11T00:00:00","date_gmt":"2021-07-11T00:00:00","guid":{"rendered":"https:\/\/archive.fm.gov.om\/1523\/"},"modified":"2021-07-11T00:00:00","modified_gmt":"2021-07-11T00:00:00","slug":"omani-and-saudi-ministers-explore-cooperation-in-commercial-and-investment-fields","status":"publish","type":"post","link":"https:\/\/archive.fm.gov.om\/en\/1523\/","title":{"rendered":"Omani and Saudi ministers explore cooperation in commercial and investment fields"},"content":{"rendered":"<p>As part of the programme of His Majesty Sultan Haitham Bin Tarik\u2019s current visit to the<br \/>\nKingdom of Saudi Arabia, ministers from both sides held meetings during which they<br \/>\nexplored ways of enhancing cooperation in commercial and investment fields.<br \/>\nIn this context, Abdulsalam bin Mohammed al-Murshidi, Chairman of Oman Investment<br \/>\nAuthority (OIA) held a meeting with Khalid Al Faleh, Saudi Minister of Investment.<br \/>\nDuring the meeting, the two sides identified broad lines of cooperation based on<br \/>\nempowering their private sectors. It touched on some projects that are capable of<br \/>\nconsolidating economic integration.<br \/>\nAl-Murshidi told Oman News Agency (ONA) that it was agreed to form a joint action<br \/>\nteam between the OIA and its Saudi counterpart. The team will be entrusted with<br \/>\nconducting preliminary studies for the envisaged projects.<br \/>\nAl-Murshidi pointed out that the meeting was an opportunity to promote the advantages<br \/>\nof economic zones and ports of the Sultanate which, he said, were projected not only as<br \/>\na gateway to the East, but also as a gateway for Saudi products targeting East Africa.<br \/>\nMeanwhile, Eng. Said bin Hamoud al-Ma&#039;awali, Minister of Transport, Communications<br \/>\nand Information Technology, held a meeting with his Saudi counterpart Eng.\u00a0Saleh bin<br \/>\nNasser al-Jasser, Minister of Transport and Logistics.<\/p>\n<p>The meeting discussed means of enhancing cooperation in the logistics sector through<br \/>\nland transport, air transport, railways and the Ramlat to Khaliya highway that will<br \/>\nconnect the two countries.<br \/>\nIn a statement to ONA, Eng. Al-Ma&#039;awali said that the meeting explored ways of<br \/>\nharnessing the Omani-Saudi experience in the field of electronic trade.<br \/>\nIn his turn, Qais bin Mohammed al-Yousef, Minister of Commerce, Industry and<br \/>\nInvestment Promotion, met with Dr. Majid bin Abdullah al-Qasabi, Minister of<br \/>\nCommerce.<br \/>\nThe meeting discussed cooperation in commercial and investment fields and envisaged<br \/>\nplans to work towards this goal.<br \/>\nAl-Yousef told ONA that the meeting underscored the importance of consolidating<br \/>\ncommercial exchanges and the flow of business activities between the two countries<br \/>\nand agreed to form a working team to undertake this mission.<br \/>\nAfter separate meetings, the Omani and Saudi ministers held a round table meeting that<br \/>\nfocused on economic feasibility projects. It was agreed that the OIA and its Saudi<br \/>\ncounterpart will conduct feasibility studies for joint economic projects.<br \/>\nThis is an unofficial English translation of the original Arabic text. To view<br \/>\nthe official Arabic text <a href=\"https:\/\/staging.ofm-archive.com\/%D8%B9%D8%AF%D8%AF-%D9%85%D9%86-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D9%8A%D8%A8%D8%AD%D8%AB%D9%88%D9%86-%D8%AE%D9%84%D8%A7%D9%84-%D9%84%D9%82%D8%A7%D8%A1%D8%A7%D8%AA%D9%87%D9%85-%D9%85%D8%B9\/?lang=ar\">click here<\/a>.<\/p>\n[sc name=&#8221;social-sharing-bar&#8221; ]\n","protected":false},"excerpt":{"rendered":"<p>The ministers met in the context of His Majesty the Sultan\u2019s current state<br \/>\nvisit to the Kingdom of Saudi Arabia (KSA) in response to an invitation from the<br \/>\nCustodian of the Two Holy Mosques, King Salman bin Abdulaziz Al-Saud.<\/p>\n","protected":false},"author":2,"featured_media":1524,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[142],"tags":[154],"class_list":["post-1523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-saudi-arabia"],"acf":[],"_links":{"self":[{"href":"https:\/\/archive.fm.gov.om\/en\/wp-json\/wp\/v2\/posts\/1523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.fm.gov.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.fm.gov.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.fm.gov.om\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.fm.gov.om\/en\/wp-json\/wp\/v2\/comments?post=1523"}],"version-history":[{"count":0,"href":"https:\/\/archive.fm.gov.om\/en\/wp-json\/wp\/v2\/posts\/1523\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.fm.gov.om\/en\/wp-json\/wp\/v2\/media\/1524"}],"wp:attachment":[{"href":"https:\/\/archive.fm.gov.om\/en\/wp-json\/wp\/v2\/media?parent=1523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.fm.gov.om\/en\/wp-json\/wp\/v2\/categories?post=1523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.fm.gov.om\/en\/wp-json\/wp\/v2\/tags?post=1523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}