Ukraine and Oman intend to boost economic cooperation

President of Ukraine Volodymyr Zelensky met with H.E. Yusuf bin Alawi bin Abdullah, the Minister Responsible for Foreign Affairs of the Sultanate of Oman, on Sunday, January 5, the President’s Office has reported.

"During a trip to Oman, President of Ukraine Volodymyr Zelensky met with the Sultanate of Oman's Minister Responsible for Foreign Affairs, H.E. Yusuf bin Alawi bin Abdullah. The parties discussed issues of strengthening relations between the two countries, in particular, they stressed the importance of expanding trade and economic cooperation," the statement reads.

In addition, the parties noted the growth of trade, which increased by 10% last year, reaching USD 80 million, and the intensification of cooperation at the level of chambers of commerce.

"The sides agreed to continue the practice of Ukrainian-Omani business forums, given the success of the last two such events in Kyiv in 2019, which were attended by dozens of businessmen from Oman," the report says.

The president stressed that "Ukraine is interested in direct investment from Oman, focusing on such promising sectors as energy and heavy industry, construction, agriculture, information technology and innovation, infrastructure development, healthcare, and tourism."

ish