Pakistan committed to forge deeper trade, investment cooperation with Oman: FM

Pakistan committed to forge deeper trade, investment cooperation with Oman: FM

ISLAMABAD, Jan 6 (APP): Foreign Minister Shah Mahmood Qureshi on Thursday emphasizing country’s focus on geo-economics, economic security and regional connectivity, reaffirmed Pakistan’s commitment to forge deeper economic, trade and investment cooperation with Oman, commensurate with excellent bilateral ties.

The Foreign Minister was talking to Chairman of Oman Chambers of Commerce and Industries, Engr. Redha Al Saleh, who along with a twenty-five member delegation called on him here at the Ministry of Foreign Affairs.

Extending a warm welcome to the delegation, he underscored the abiding nature of Pakistan-Oman relations, based firmly on shared faith and historical links.

The Foreign Minister lauded the contribution of Pakistan’s human resource and encouraged Oman to benefit from skilled manpower potential across diverse sectors.

He invited Omani businesses and the Pakistani diaspora to enter into investment projects and joint ventures in various fields.

The Foreign Minister also encouraged the Oman side to work with Pakistan to harness the full potential of the regional ‘economic corridor’ that would connect Oman to landlocked Central Asia and Afghanistan.

Underlining strong people-to-people ties between the two countries, Foreign Minister Qureshi stressed the importance of enhanced tourism cooperation for closer people-to-people linkages.

Engr. Redhda Al Saleh thanked the Foreign Minister for comprehensive review of bilateral economic ties and identifying areas of mutual interest.

He briefed the Foreign Minister about Oman’s ‘Vision 2040’, which presented vast opportunities for investments in Oman.

The members of the business delegation invited Pakistani businesses to enter into B-2-B linkages.

They also highlighted their plans to invest in the tourism, industry, mining, health, and communications and transportation sectors.

The Foreign Minister assured that the relevant authorities in Pakistan, including the Foreign Ministry will extend all possible facilitation in these endeavors.

The visit of the Oman business delegation –representing textile and garments, fruits & vegetables/food stuff, pharmaceuticals, real estate, surgical instruments, furniture & furnishing, marble, mining and tourism — would provide further impetus to the existing economic relationship between Pakistan and Oman.