{"id":16051,"date":"2024-07-24T06:21:54","date_gmt":"2024-07-24T06:21:54","guid":{"rendered":"https:\/\/theasiantelegraph.global\/?p=16051"},"modified":"2024-07-24T06:21:55","modified_gmt":"2024-07-24T06:21:55","slug":"commerce-minister-emphasizes-strengthening-trade-relations-with-oman","status":"publish","type":"post","link":"https:\/\/theasiantelegraph.global\/?p=16051","title":{"rendered":"Commerce Minister Emphasizes Strengthening Trade Relations with Oman"},"content":{"rendered":"\n
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Islamabad \u2014 Federal Minister for Commerce Jam Kamal Khan highlighted the significant potential for enhancing bilateral trade between Pakistan and Oman during a meeting with a high-level Omani delegation led by Ms. Ibtisam Al Farouji.<\/p>\n\n\n\n

The Minister warmly welcomed the delegation and underscored the historical ties and economic opportunities between the two nations.<\/p>\n\n\n\n

Jam Kamal Khan stated that the Ministry of Commerce is in the process of opening a new trade mission in Oman, which will ultimately enhance trade relations between the two countries.<\/p>\n\n\n\n

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The Minister invited Omani investment in both bilateral and trilateral modes and assured full cooperation and facilitation in this regard.<\/p>\n\n\n\n

He informed the Omani delegation about Pakistan\u2019s strong sectors, such as IT, sports, renewables, and fruits, and highlighted incentives for investment, including cheap labor, port handling, and logistics.<\/p>\n\n\n\n

The Ministry of Commerce has launched a new policy, “Middle East Reconnect,” to strengthen trade relations with Middle Eastern countries, including Oman.<\/p>\n\n\n\n

Ms. Ibtisam Al Farouji, head of the Omani delegation, agreed that there is substantial potential for trade enhancement between the two countries, particularly in steel, renewable energy, and the pharmaceutical industry.<\/p>\n\n\n\n

She invited Pakistani investments in Oman\u2019s manufacturing sector, offering incentives such as cheap gas and raw materials.<\/p>\n\n\n\n

She also showed interest in acquiring raw materials from Pakistan, due to close proximity and low logistics costs, especially in iron ore, fruits, and vegetables.<\/p>\n\n\n\n

She also informed the minister that she had a couple of meetings with the Chamber of Commerce today and would hold sectoral business meetings tomorrow in Islamabad.<\/p>\n\n\n\n

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Both sides expressed optimism about the future of bilateral trade and investment, underscoring the need for continued dialogue and cooperation to fully realize the economic potential of their relationship.<\/p>\n","protected":false},"excerpt":{"rendered":"

Islamabad \u2014 Federal Minister for Commerce Jam Kamal Khan highlighted the significant potential for enhancing bilateral trade between Pakistan and Oman during a meeting with a high-level Omani delegation led… <\/p>\n","protected":false},"author":8,"featured_media":16052,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,13],"tags":[1282,232,145,1283],"class_list":["post-16051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-main-stories","tag-embassy-of-oman-pakistan","tag-federal-minister-for-commerce","tag-ministry-of-foreign-affairs-pakistan","tag-muscat-oman"],"_links":{"self":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/16051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16051"}],"version-history":[{"count":1,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/16051\/revisions"}],"predecessor-version":[{"id":16055,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/16051\/revisions\/16055"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/media\/16052"}],"wp:attachment":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}