MUSCAT : His Majesty Sultan Haitham bin Tarik, has issued three Royal Decrees that reinforce Oman’s international partnerships and its commitment to global environmental standards.
First Royal Decree
The first decree ratifies the framework agreement for joint cooperation between the Government of the Sultanate of Oman and the Government of the Islamic Republic of Iran. The agreement is expected to enhance bilateral relations across multiple fields, including trade, investment, and development cooperation.
Second Royal Decree
The second decree ratifies an agreement between the Government of the Sultanate of Oman and the Government of the Republic of Kazakhstan aimed at avoiding double taxation and preventing financial evasion related to income and capital taxes. The agreement will provide clarity for investors, ease cross-border business activities, and strengthen economic ties between the two nations.
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Third Royal Decree
The third decree approves Oman’s accession to Annex VI of the International Convention for the Prevention of Pollution from Ships (MARPOL 1973). Annex VI focuses on reducing air pollution from ships, including limits on sulfur oxide and nitrogen oxide emissions. By joining, Oman aligns itself with international maritime standards and underscores its commitment to environmental protection and sustainable development.
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