Muscat, Dr. Ali bin Masoud al- Sunaidi, Minister of

Commerce and Industry, Deputy Chairman of the Supreme Council for

Planning (SCP) received in his office today Lord Geoffrey James Dear,

Deputy Speaker of the British House of Lords and his accompanying


The meeting discussed march of the existing bilateral relations

between the Sultanate and the United Kingdom and means of

enhancing the relations between the two friendly countries on various

trade and investment fields.

The two sides also discussed means of the developing and

increasing investment volume and the mechanism of the commercial

arbitration center and how to benefit from the British experience in this

field and the Sultanate’s experience in privatizing some government


It is worth mentioning that the UK comes in the top of the foreign

direct investment countries in the Sultanate by the end of the second

quarter of 2018 with a total investment of RO 4,735.1 million.

The meeting was attended by a number of officials from the Public

Establishment for Industrial Estates and the Ministry of Commerce and


Source: Oman News Agency