MUSCAT: The Oman Chamber of Commerce and Industry (OCCI) hosted the Omani-Uzbek Business Forum in Muscat, bringing together key stakeholders from both countries to explore opportunities for trade and investment. The event was attended by high-ranking officials, business leaders, and investors from Oman and Uzbekistan, aiming to foster stronger economic ties and promote bilateral collaboration in various sectors. Discussions focused on enhancing trade exchanges, boosting investment flows, and identifying areas of mutual interest that could drive economic growth and diversification.
The forum highlighted the significant potential for cooperation between Oman and Uzbekistan in sectors such as manufacturing, agriculture, logistics, and tourism. Business representatives from both sides shared insights into their respective markets, discussing challenges and opportunities for expansion. The event served as a platform for direct networking between Omani and Uzbek companies, facilitating the exchange of ideas, experiences, and strategies for successful business partnerships. Key presentations shed light on investment-friendly policies and initiatives that could further strengthen economic relations.
Several agreements and memoranda of understanding (MoUs) were signed during the forum, reflecting a shared commitment to deepening trade and investment relations. These agreements covered various industries, including food production, textile manufacturing, renewable energy, and digital transformation. Officials emphasized the importance of leveraging Oman’s strategic location as a gateway for Uzbek businesses seeking to expand into the Middle East and beyond. Likewise, Omani businesses were encouraged to explore the emerging market opportunities in Uzbekistan, benefiting from the country’s growing economy and investor-friendly environment.
The event concluded with discussions on future initiatives to sustain economic collaboration, including trade delegations, joint investment projects, and business development programs. Participants underscored the role of government support in facilitating smooth business transactions and enhancing regulatory frameworks. The success of the Omani-Uzbek Business Forum reaffirmed both nations’ dedication to strengthening economic ties and expanding commercial engagements, paving the way for a prosperous partnership in the years ahead.
