HomeEconomyTürkiye's Şimşek visits Oman for talks, to enhance economic ties

Türkiye’s Şimşek visits Oman for talks, to enhance economic ties

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Treasury and Finance Minister Mehmet Şimşek visited Oman’s capital Muscat for the twelfth assembly of the Joint Economic Commission, in accordance with data obtained by Anadolu Agency (AA) from the ministry on Thursday.

During his official go to, Şimşek met with high Omani officers, together with Sayyid Asaad Al Said, particular consultant of the sultan of Oman, Industry, Trade and Investment Promotion Minister Qais bin Mohammed Moosa Al Yousef, and Sultan bin Salim bin Said Al Habsi, the nation’s finance minister.

The conferences mentioned methods to boost financial cooperation between Türkiye and Oman.

The go to comes shortly after the first-ever go to of Oman’s Sultan Haitham bin Tariq to Ankara late final month.

At the time, the Turkish military pension fund OYAK signed a take care of the Oman Investment Authority (OIA) to arrange a $500 million joint funding fund that the edges say is geared toward strengthening financial relations and increasing worldwide attain.

This was one in every of 10 agreements signed final month, because the nations inked memoranda on cooperation in numerous fields, from agriculture, well being and business, to a memorandum of understanding (MoU) between Türkiye’s Investment Office and the Ministry of Commerce, Industry and Investment Promotion of the Sultanate of Oman on funding cooperation.

As a part of Şimşek’s go to, a Türkiye-Oman Round Table Meeting was additionally scheduled, bringing collectively non-public sector representatives from each nations. The occasion is predicted to guage funding and commerce alternatives, in addition to potential joint tasks.

The minister was anticipated to finish his contacts by night and return to Türkiye, the AA report stated.

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