MUSCAT: The Pakistan Embassy in collaboration with the Federation of Pakistan Chamber of Commerce & Industry (FPCCI) and the Oman Chamber of Commerce & Industry (OCCI) convened a webinar on Wednesday.
The Pakistani side was represented by Hanif Lakhani, Acting President FPCCI, while from Omani side Eng. Redha Al Saleh, Chairman OCCI led the Omani delegation.
Acting President FPCCI congratulated his Omani counterpart upon his appointment as the Chairman of OCCI and hoped that the trade relations between Pakistan and Oman would be further strengthened and expanded under the stewardship of Eng. Redha Al Saleh. The webinar aimed at promoting trade and commercial ties between the Islamic Republic of Pakistan and the Sultanate of Oman.
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Ambassador of Pakistan to Oman H.E KK Ahsan Wagan, in his opening remarks, highlighted the importance of complementing each other in this era of geo-economics. He mentioned that some of the major impediments in reaching the optimal level of bilateral trade are lack of high-level visits including visits of business delegations, lack of direct connectivity between the two countries and lack of holding trade exhibitions on both sides. Ambassador also talked in detail about CPEC and Investment opportunities in Gwadar, Chairman OCCI, in his address, also endorsed that there have been fluctuations in bilateral trade levels in recent times and this webinar will pave way for intra-regional trade and increase in the number of joint investment projects since Oman has now many business-friendly laws in place including Foreign Capital Investment Law, Privatization Law and Public-Private Partnership Law.
Oman Ambassador to Pakistan, Sheikh Muhammed Omar Al Marhoon , reiterated that Oman has been and will keep on extending all support to the businessmen from both countries.
Both sides reviewed A range of issues of common interest in the field of economic cooperation, emphasised the need of exploring numerous investment opportunities in different fields including fruit, vegetables, pharmaceuticals, meat, mining, and construction. The significance of CPEC,Gwadar, and Duqm Ports, For possible future collaboration, was mutually acknowledged and recognised by all parties.
