Wednesday 03 / June / 2026
Muscat: Qais Mohammed Al Yousef, Chairman of the Public Authority for Special Economic Zones and Free Zones (OPAZ), and Head of the Omani side in the Oman-Korea Joint Committee held a meeting, vida video-conferencing, with Jung-Kwan KIM, Minister of Trade, Industry and Resources of the Republic of Korea and Head of the Korean side in the Joint Committee.
During the meeting, the two sides explored ways to strengthen and advance Omani-Korean relations towards an economic and investment partnership.
The discussions covered topics of mutual interest as part of ongoing efforts to expand economic and investment cooperation between the two countries.
The two sides reviewed promising opportunities for collaboration across several priority sectors, including oil and gas, green hydrogen, artificial intelligence (AI) technologies, vehicle and automotive manufacturing, as well as the development and support of small and medium-sized enterprises.
The meeting underscored the importance of strengthening cooperation and integration in the field of special economic zones and free zones between the two countries and leveraging shared expertise and experiences to support economic and development objectives while reinforcing the strategic partnership between the Sultanate of Oman and the Republic of Korea.
The two sides also discussed ways to facilitate operational and logistics activities for Korean companies operating in the Special Economic Zone at Duqm (SEZAD), contributing to an enhanced business environment and attracting further Korean investments to the Sultanate of Oman.
During the meeting, the Korean Minister expressed his country’s appreciation to the Sultanate of Oman for its continuous cooperation, particularly in facilitating supply chains between the two countries.
The meeting comes within the framework of coordination between both sides in preparation for the upcoming session of the Oman-Korea Joint Committee, which is expected to be held in the last quarter of this year. -ONA
