Oman Daily Observer

Omani products exported to 135 countries globally

- BUSINESS REPORTER MUSCAT, DEC 2

Oman Export Week opened yesterday at the Oman Convention & Exhibition Centre under the auspices of Dr Ahmed bin Mohammed al Futaisi, Minister of Transport and Communicat­ions.

According to Taleb al Makhmari, Ithraa’s Director General of Marketing & Media and organiser of the fiveday event: “Oman has long been an outward looking trading nation. At our best, we’ve done business in every Dr Ahmed bin Mohammed al Futaisi corner of the globe. It’s in our DNA to travel, to engage, trade and sell. And today, exporting is more important to our economic ambitions than it has ever has been.”

Exports are central to Oman’s prosperity, growth and developmen­t, helping create quality jobs, and spur innovation and entreprene­urship.

“Today, and as of the last count, we’re proudly exporting to 135 countries. And we look forward to expanding on this not just in number but also in volume,” said Al Makhmari.

Despite the recent internatio­nal financial crisis, global exports in 2017 were worth more than double than they were in 1997. On the home front, Oman’s non-oil exports reached $8.2 bn in 2017 up from $6.2 bn in 2016. A remarkable success, yet according to Al Makhmari, there is so much more to achieve.

“We’re living in times of great change, and many developing economies are among the key drivers of global economic growth — many, thanks to our strategic location at the intersecti­on of east — west trade routes and world-class logistics network, are within easy reach of Oman,” explained Ithraa’s Director General.

China, for example, is expected to have 220 cities with a population of more than a million by 2030. The whole of Europe has just 44. And it’s predicted that there will be 1.1 billion middle class Africans by 2060. These shifts in global economic and demographi­c power will shape future opportunit­ies for Omani exporters.

From car batteries, fragrances and fibre optic cables to footwear, marble, ceramics, honey products and more, every day, Omani non-oil exporters are succeeding in internatio­nal markets.

“However, many opportunit­ies await. That is why we have launched Oman Export Week — 15 workshops covering topics that include branding, labelling, specificat­ions, IP, e-commerce and logistics — to help Omani exporters capitalise on the possibilit­ies of overseas markets,” added Sajda al Ghaithy, Ithraa’s Media Director.

NEW PLATFORM: Five-day-long Oman Export Week opens

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