Oman Marks 25 Years of WTO Membership

Muscat, 12 May (ONA) —— The Sultanate of Oman today celebrated
the 25th anniversary of its accession to the World Trade Organization (WTO),
coinciding with its hosting of the 13th China Round Table Meeting on WTO
Accession.

During the event, Oman highlighted key aspects of its experience
in leveraging WTO membership to modernize its national economy, develop its
business environment, and restructure its legal and trade frameworks in line
with global standards.

The Sultanate of Oman reaffirmed its steadfast commitment to the
principles of the multilateral trading system and its active role in supporting
its stability and expanding membership.

Dr. Saleh Said Masan, Undersecretary of the Ministry of
Commerce, Industry, and Investment Promotion for Commerce and Industry, stated
that Oman’s 25-year WTO journey marks a significant milestone in advancing its
national economy, enhancing competitiveness, and integrating with the global
economy.

In remarks to Oman News Agency (ONA), he noted that WTO membership
enabled Oman to implement comprehensive structural reforms in its business
environment and align trade policies and legislation with international
standards, boosting investor confidence and solidifying Oman’s position as a
committed and open global trade partner.

He emphasized that Oman has adopted a balanced approach since
joining the WTO, harmonizing national interests with international obligations
while continuously supporting the multilateral trading system.

He further reiterated Oman’s unwavering commitment to continuing
reforms and openness, supporting developing nations, and facilitating their
integration into the global economy—promoting shared growth and upholding the
principles of trade justice and inclusive development championed by the WTO.

—— Ends/AH