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
delegation.
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
services.
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
Industry.
Source: Oman News Agency