Oman, Belarus Sign 3 Memoranda on Cooperation in Technology Transfer, Transport Fields

Oman, Belarus Sign 3 Memoranda on Cooperation in Technology Transfer,
Transport Fields

Muscat, 2 Jul (ONA) — The Sultanate of Oman and the
Republic of Belarus today signed three memoranda of understanding in Muscat to
enhance cooperation on technology transfer in automotive and smart technology
sectors.

The first memorandum of understanding (MoU), signed by Karwa
Motors and Belarusian company Amkodor, established a joint framework for
industrial and commercial cooperation between the two sides, enabling them to
expand into the markets of the Sultanate of Oman, the GCC states and African
countries.

The second MoU, signed by Karwa Motors and the Belarusian
company MAZ, provides for cooperation between the two sides in the field of
manufacturing and distributing transport vehicles, specialized vehicles and
trailers.

The MoU also includes studying joint marketing, establishing
an integrated production line at Karwa Motors automobile plant in the Sultanate
of Oman, transferring technical knowledge from the Belarusian side, offering
specialized training programmes and providing technical support to enhance the
efficiency of national cadres in this field.

The two MoUs were signed by Dr. Ibrahim Ali Al Balushi, CEO
of Karwa Motors, along with the Deputy General Manager for Marketing at Amkodor company and the
Deputy Commercial Director of MAZ.

The third MoU was signed by Oman National Engineering and
Investment Company (ONEIC) and the Belarusian company Delivery Software “Delivio”,
deals with providing the latest digital solutions and advanced software to the
Omani and regional markets.

Key areas of cooperation, through the third MoU, include
developing innovative solutions in the fields of ICT (information and
communications technology), artificial intelligence (AI) applications,
financial technology, and advanced technical services that support digital
transition, automation and modernization of corporate operations.

The
MoU was signed by Eng. Aziz Alhasani, General Manager of Information Technology
and E-Business at ONEIC, Andrei Sudakov, CEO of Delivery Software.

The signing ceremony was attended by Abdulsalam Mohammed
Al Murshidi, Chairman of Oman Investment Authority (OIA), Dr.
Abdullah Masoud Al Harthy, Honorary Consul of the Republic of Belarus to the
Sultanate of Oman, among other officials from the two countries.

The signing of the memoranda of understanding stems from the
Omani-Belarusian Joint Committee’s efforts to consolidate strategic
partnerships between leading companies in the two countries, contribute to
technology transfer and the development of national competencies and highlight
the Sultanate of Oman’s status as a regional hub for attracting quality
investments projects.

— Ends/Bishara/AG