Commerce Minister discusses strengthening economic relations with US officials

Muscat: Qais Mohammed Al Yousef, Minister of Commerce, Industry, and Investment Promotion, met today in Muscat, with Bryant Trick, Assistant U.S. Trade Representative(AUSTR) forEurope and the Middle East and Jason Pontin, Director of European and Middle Eastern Affairs at the Office of the U.S. Trade Representative. The meeting aimed to enhance economic and trade relations between the Sultanate of Oman and the United States of America.

During the meeting, discussions focused on ways to develop trade and investment cooperation between the two countries, as well as exploring promising opportunities across various sectors, in line with the priorities of Oman Vision 2040 and the economic diversification strategies of the Sultanate of Oman.

The discussions also addressed ways to benefit from the free trade agreements between the two countries, mechanisms to facilitate trade, boost exports, and encourage high-value investments that enhance the competitiveness of the Omani market at both regional and international levels.

Qais Al Yousef emphasized the depth of the Omani-American partnership and Oman's keenness to develop its trade relations with the United States. He welcomed increased engagement from the U.S. private sector in the Omani market and highlighted the investment advantages offered by the Sultanate of Oman. He also stressed the importance of continued dialogue to expand cooperation in trade and investment.

This meeting is part of a series of bilateral engagements aimed at strengthening communication, exchanging expertise, and supporting sustainable economic partnerships that serve the mutual interests of both countries.

The meeting was attended by Ana Escrogima, Ambassador of the United States of America to the Sultanate of Oman.