Friday, November 1

Oman, Morocco see vast business opportunities

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Oman Daily Observer

MUSCAT — A Memorandum of Understanding was signed at the Oman Chamber of Commerce and Industry yesterday between the OCCI and the Moroccan Centre for Export Promotion (Maroc Export) on enhancing technical co-operation and exchanging information.
The MoU was signed by Khalil bin Abdullah al Khonji, OCCI Chairman, and Saad Eldin bin Abdullah, Executive Director of Maroc Export, in the presence of Tariq al Hussaisan, Ambassador of Morocco to the Sultanate, Omani investors and members of the Moroccan delegation. This came during a seminar on Morocco-Oman Trade Relations which was held at the OCCI on the sidelines of the Moroccan delegation’s visit.

Al Khonji aid that the MoU would strengthen bilateral relations thereby helping Omani business people to explore investment opportunities in Morocco. He noted that the seminar provided an opportunity for both sides to get familiarised with the investment opportunities in the two countries. The Moroccan ambassador noted that the visit of the Moroccan delegation would enhance the efforts from both sides to impede the obstacles facing economic and trade co-operation, hoping that the visit will achieve raising the level of relations.

He exhorted the Omani and Moroccan sides to enhance the co-operation and trade exchange as there are many promising investment opportunities in the tourism, real estate and industry sectors. The ambassador stressed the importance of setting up a joint investment company, launching a sea link to facilitate the transport of goods and commodities and easing visa procedures for Moroccan businessmen. — ONA

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