Muscat, The Public Establishment for Industrial

Estates � Madayn organized today a workshop highlighting World

Trade Organization (WTO) Agreements for the general managers of

companies and factories based in the various industrial cities pertaining

to Madayn.

The workshop, which took place at Hormuz Grand Hotel, was

organized in cooperation with Mashura Economic Consultancy.

The workshop aimed at disseminating awareness on the global

variables affecting the manufacturing sector, familiarizing participants

with the core objectives of World Trade Organization and its key

agreements, and underscoring the growing global competition in order

to improve the competitiveness of the industrial enterprises and

enhance their productivity and quality levels.

The event also discussed the basic principles of WTO, which include

trade without discrimination (national treatment). The organization also

plays a role in laying foundation for creating an open trade

environment that ensures export flows without facing obstacles, and

creating an ideal environment for attracting investment and

encouraging investors through a series of agreements adopted by the

organizations.

The key agreements of WTO include the General Agreement on

Trade in Services (GATS), Agreement on Trade-Related Investment

Measures (TRIMs), and Agreement on Trade-Related Aspects of

Intellectual Property Rights (TRIPS).

Source: Oman News Agency

Muscat, The Public Establishment for Industrial

Estates � Madayn organized today a workshop highlighting World

Trade Organization (WTO) Agreements for the general managers of

companies and factories based in the various industrial cities pertaining

to Madayn.

The workshop, which took place at Hormuz Grand Hotel, was

organized in cooperation with Mashura Economic Consultancy.

The workshop aimed at disseminating awareness on the global

variables affecting the manufacturing sector, familiarizing participants

with the core objectives of World Trade Organization and its key

agreements, and underscoring the growing global competition in order

to improve the competitiveness of the industrial enterprises and

enhance their productivity and quality levels.

The event also discussed the basic principles of WTO, which include

trade without discrimination (national treatment). The organization also

plays a role in laying foundation for creating an open trade

environment that ensures export flows without facing obstacles, and

creating an ideal environment for attracting investment and

encouraging investors through a series of agreements adopted by the

organizations.

The key agreements of WTO include the General Agreement on

Trade in Services (GATS), Agreement on Trade-Related Investment

Measures (TRIMs), and Agreement on Trade-Related Aspects of

Intellectual Property Rights (TRIPS).

Source: Oman News Agency