Omani, Pakistani Officials Discuss Improving Trade Relations

Officials of Omani and Pakistani Business Communities said they have agreed to work together to improve mutual trade and investment between the two states.

Chairman of Oman Chamber of Commerce and Industry (OCCI) Redha Jumma Mohamed Ali Al-Saleh said time has come for the Business Communities to work together.

There is a need to improve trade relations, Al-Saleh said, adding Oman and Pakistan have many things in common but the trade volume was not sufficient.

Al-Saleh, who led a 20-members Omani delegation to Karachi Chamber of Commerce and Industry (KCCI) said that trade volume between the two countries was US$655 million but it came down to US$250 million last year.

Al-Saleh said Pakistani products were reaching Oman through neighboring countries, but said this is not enough, emphasizing on reactivating the Pak-Oman Business Council to improve trade relations.

In his part, Jamshaid Akhtar Sheikh, Senior Vice President Islamabad Chamber of Commerce and Industry said that Pakistan and Oman can cooperate in areas of agriculture, rice, seafood, meat, vegetables, fruits, dairy products, pharmaceuticals, textiles, cotton yarn, construction and petrochemicals that should be taken advantage of.

Sheikh said that Gwadar and Salalah Ports can be used to create good communication channels and promote trade relations between the two countries.


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