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Omani Saudi Business Council Reviews Updates on Forming Sectoral Committees


  Muscat, 6 Dec (ONA) – The Omani Saudi Business Council (OSBC) held a meeting here today during which it discussed the latest steps taken to form sectoral committees representing the two sides.

Eng. Ridha Jumaa Al Saleh, Chairman of Oman Chamber of Commerce and Industry (OCCI), said that the meeting, the third this year, coincides with the visit of HRH Prince Mohammed bin Salman Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defence in the Kingdom of Saudi Arabia (KSA), to the Sultanate of Oman.

The visit, Al Saleh observed, comes in pursuance of the keenness of His Majesty Sultan Haitham Bin Tarik and the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of the KSA, to develop bilateral relations and achieve the desired level of economic integration between their countries.

The OSBC plays a significant role in consolidating communication between the two countries’ government and private sectors, said Al Saleh.

The OSBC went a long way in its strive to deepen partnership between the two sides and this was evinced through the formation of joint sectoral committees covering the sectors of energy and mining, food security, technology, logistics, industry, constructions and services—all to operate within Oman Vision 2040 and Saudi Vision 2030.

Meanwhile, Ajlan Abdulaziz Al Ajlan, Chairman of Council of Saudi Chambers of Commerce and Industry, said that investment and commercial exchange opportunities are abundant and that this requires the two sides to rally efforts to activate and streamline cooperation.

On his turn, Sheikh Ali Hamad Al Kalbani, Head of Omani Side at the OSBC, said that, over the next few days, sectoral committees will hold direct meetings to forge joint visions about investment projects and submit the same to the respective ministers. His Saudi counterpart, Nassir Said Al Hajiri, said that cooperation between Oman and Saudi Arabia is not limited to specific areas; it expands to cover a wide spectrum of matters of interest for the two countries and reflects their deep-rooted history.

Al Hajiri expressed his confidence that the Omani Saudi partnership will be a model of full-fledged cooperation.



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