OBBC, OBFA hold events to boost Oman-UK trade ties
Several events were recently held in London which underlined the strength of the economic relationship between the UK and Oman
Several events were recently held in London which underlined the strength of the economic and business relationship between the UK and Oman.
An investor breakfast was organised by the Omani-British Business Council (OBBC) and the Omani British Friendship Association (OBFA). An audience of investors and major UK corporations heard from H E Talal al Rahbi, deputy secretary general of the Supreme Council for Planning, about the sultanate’s Tanfeedh programme for diver- sifying the economy.
Ismail al Balushi, COO of Special Economic Zone Authority in Duqm (SEZAD), and Saleh al Hasni, manager, One Stop Shop, then gave a comprehensive presentation on the ambitious plans for further developing Duqm.
Maqbool Sultan, chair of OBFA, spoke on the importance of the UK-Oman relationship and a lively discussion was moderated by Sir Sherard CowperColes, chair of OBBC.
Gareth Stevens, the director of the Department for International Trade in the British Embassy, Muscat, said, “This was a useful and informative event about the investment opportunities for UK companies in Duqm. It helped enormously to outline and understand the long term plans SEZAD has for Duqm. The UK is keen to continue working closely on the development of this project and my team and I stand ready and willing to support any UK company that would either like to know more, or who would like to discuss any specific opportunities.”
H E Jon Wilks, Ambassador of the UK to Oman, played a key role in the discussions. Lord Astor of Hever DL, the Prime Minister’s trade envoy to Oman, was also delighted to attend and lend his support.
The investor breakfast was followed by afternoon tea at Buckingham Palace, hosted by Prince Andrew, the Duke of York and patron of OBBC.
H E Dr Ahmed bin Mohammed bin Obaid al Saeedi, Minister of Health, represented the sultanate at the event and attendees were drawn from OBFA, the corporate membership of the Anglo-Omani Society and the OBBC. The Duke of York spoke of the strong bond between the two countries.
The UK’s Department for International Trade (DIT) has overall responsibility for promoting UK trade across the world and attracting foreign investments. DIT is a specialised government body with responsibility for negotiating international trade policy, supporting business, as well as delivering an outward-looking trade diplomacy strategy.
There are ambitious plans to further develop the Special Economic Zone in Duqm
H E Talal al Rahbi