Meeting
in Muscat Discusses Oman-US Free Trade Agreement

Muscat,
23Apr (ONA) — Oman Chamber of Commerce and Industry (OCCI) today hosted a
meeting in Muscat with U.S. trade representatives to discuss the Free Trade
Agreement (FTA) between Oman and the United States of America.

The
session focused on identifying key challenges hindering Omani private sector
exporters and importers from optimally implementing the agreement’s provisions.

Discussions
addressed U.S. imposed tariffs and the Omani private sector’s aspirations for
reconsideration of these tariffs on Omani exports.

The
meeting emphasized the importance of establishing Oman’s forthcoming commercial
office in the United States, expected to commence operations soon. This office
is anticipated to enhance Omani exports to the U.S. market while encouraging
American exports and investments into Oman.

A
parallel workshop convened between Omani and American exporters, importers, and
investors to examine obstacles affecting their trade and investment activities.

Faisal
Abdullah Al Rowas, Chairman of OCCI’s Board of Directors, affirmed that the FTA
serves as a strategic tool to bolster the economy and expand market access for
Omani products in the United States. He stressed the necessity of collaborative
efforts between government entities and the private sector to maximize the
agreement’s benefits.

Al
Rowas noted that OCCI continues to analyze challenges facing Omani private
sector companies in accessing global markets, including the U.S., while
evaluating solutions to facilitate the unimpeded flow of goods and services in
accordance with international standards.

The
meeting was attended by the Assistant U.S. Trade Representative for Europe and
the Middle East, as well as the Director for European and Middle Eastern
Affairs at the Office of the U.S. Trade Representative.

—Ends/AG