Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Oman, EU seek to boost bilateral trade, investment  Join our daily free Newsletter

MENAFN - Muscat Daily - 05/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Muscat Daily) Oman and the European Union (EU) are seeking to boost bilateral trade and investment by providing increased opportunities to the business communities on both sides to trade and exchange information.


A seminar on Access to EU markets and the requirements needed for exporters and investors' was organised by the Oman Chamber of Commerce and Industry (OCCI) on Thursday at its headquarters.


The event was attended by H E Adam Kulach, ambassador and head of the European Union delegation to Oman, Saudi Arabia, Bahrain, Kuwait and Qatar, and Sofia Munoz Albarran, director-general for trade and head of the South Mediterranean and Middle East Unit at the European Commission.


Speaking at the seminar, Ali bin Salim al Hajri, board member of OCCI, said that Omani exporters wishing to access EU markets should be aware of the existing special requirements of their trading partners and related legislation in the EU countries.


He said, ''The standards that are being developed through legislations in terms of brand, certification, quality, health, safety and environment, working conditions and ethics of profession, have become important criterion to take into account in the EU markets. Exporters should focus on the quality of products and must know all the requirements of these markets so that they can compete in and access the EU markets with ease.''


''We also hope that negotiations between the GCC countries and the EU for a free trade agreement will restart, because this agreement will facilitate trade and investment between the two parties with greater ease,'' added Hajri.


H E Kulach said that the EU remains a very attractive market, there are opportunities that have not been explored yet, and there is room for Omani exports to the EU markets to grow.


He said, ''Oman has oriented itself across the different markets. Oman is a well established commercial partner for some EU member states. The EU markets are much more diversified and they offer lots of opportunities not only to import from Oman, but also for different types of investments that European companies and investors would like to make in Oman.''


H E Kulach said that a big event on 'Blue Economy (for all businesses related to sea)' is being planned in Oman on September 8-9 this year.


''This event will include representatives of the business community from the EU and Oman, and officials from both sides. The aim of the event is to give a boost to our bilateral cooperation in sectors that are very much promising. The event will look into all the sectors related to the sea like fisheries, port construction and management, shipping, environment, tourism, shore protection and sustainable regional development,'' he said.


''We will bring representatives of the European business community to see opportunities and exchange information on opportunities with Omani partners. We hope this event will help to boost our bilateral economic and trade relations,'' added H E

 


Muscat Daily




  MENA News Headlines
 Sep 22 2014 - Kuwait make strong start at AsiadArab Times
(MENAFN - Arab Times)  KUWAIT CITY Sept 20 (Agencies): Kuwaiti national teams for volleyball handball and basketball had a powerful start at the 17th Asian Games which officially started two ...

 Sep 22 2014 - West Ham 'inflict' fresh EPL misery on LiverpoolArab Times
(MENAFN - Arab Times) LONDON Sept 20 (AFP): Liverpool suffered a second successive Premier League defeat after losing 3-1 away to West Ham on Saturday. Brendan Rodgers's side had lost 1-0 at home to ...

 Sep 22 2014 - Ronaldo Bale combine for 5 in 8-2 routArab Times
(MENAFN - Arab Times) MADRID Sept 20 (AFP): Cristiano Ronaldo scored a hat-trick as Real Madrid equalled their biggest ever away win in La Liga with a 8-2 thrashing of Deportivo la Coruna on ...

 Sep 22 2014 - N.Korean lifter breaks recordArab Times
(MENAFN - Arab Times) INCHEON South Korea Sept 20 (Agencies): Hosts South Korea were the Asian Games' surprise first-day medal leaders on Saturday but they had to share the limelight with China and ...

 Sep 22 2014 - 'Enjoying the return to music'Arab Times
(MENAFN - Arab Times) NEW YORK Sept 20 (AFP): Releasing a new album near his 80th birthday Leonard Cohen cheekily addresses his age in the very first song intoning 'It's not because I'm old ... I ...

 Sep 22 2014 - QFC Authority Seeks Public View on Rule ChangesQatar News Agency
(MENAFN - QNA) Qatar Financial Centre (QFC) Regulatory Authority has released a consultation paper seeking public comment on proposed rule changes that amend the approved individuals regime (AI ...

 Sep 22 2014 - $88.5 Million Grant from Qatar for 'Recovery, Reconstruction' in DarfurQatar News Agency
(MENAFN - QNA) Qatar signed Monday an agreement at the Permanent Mission of the State of Qatar to the United Nations, to provide a grant of $88.5 million to the United Nations multi-partner trust ...

 Sep 22 2014 - HE the Premier Meets US AmbassadorQatar News Agency
(MENAFN - QNA) HE the Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa Al-Thani met on Monday morning with HE Ambassador of the United States of America to Qatar Dana ...

 Sep 22 2014 - Kyrgyzstan Parliament Speaker Meets Qatari AmbassadorQatar News Agency
(MENAFN - QNA) Kyrgyzstan Parliament Speaker Asylbek Jeenbekov met Monday with Qatari Ambassador to Kyrgyzstan Mohammed Arar Omeer Alramazani Al-Nuaimi. They discussed bilateral relations and the ...

 Sep 22 2014 - CMU Qatar Opens 11th Year With Record 427 StudentsQatar News Agency
(MENAFN - QNA) Carnegie Mellon University in Qatar welcomed 112 new students for the 2014-2015 academic year, growing from an inaugural class of 41 students in 2004 to 427 students from 40 different ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help