MUSCAT : The formal occasion took place during the meeting of H.E. Idris Abdul Rahman Al Khanjari, Permanent Representative of the Sultanate of Oman to the United Nations and International Organizations, with Ismail Ersahin, CEO and Executive Director of WAIPA, in Geneva.

The ceremony, organised by the Permanent Mission of the Sultanate of Oman in Geneva, witnessed the two sides discuss ways to coordinate cooperation in view of promoting investment in the Sultanate of Oman and maximize the use of the Association’s services and partnerships. The two parties also discussed the possibility of Oman hosting the 2025 World Investment Conference.

On this occasion, H.E. Al Khanjari said that Oman’s accession to WAIPA is an important event. He also referred to the efforts made in this regard, namely the modernization of the foreign investment system. He added that the main objective of joining the Association and the economic organizations in Geneva is to open the Omani market to international markets.

He noted that the Sultanate of Oman has a distinctive investment structure, including its strategic location and proximity to important global markets, as well as world-class infrastructure, including ports, free economic zones and industrial zones, making it an attractive destination for investments.

For his part, the Executive Director of WAIPA highlighted the main objective of the Association, which is to strengthen the capacities of its members to ensure that they attract quality investments to their countries and stimulate communication between different IPAs through the exchange of views and best practices from both governmental and private sectors.

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