Oman and Mongolia Discuss Investment Cooperation Opportunities

Ulaanbaatar: Abdulsalam Mohammed Al Murshidi, Chairman of the Oman Investment Authority (OIA), and his delegation engaged in discussions with Gombojavyn Zandanshatar, Prime Minister of Mongolia, in Ulaanbaatar, Mongolia’s capital. During the meeting, the Mongolian Prime Minister expressed interest in strengthening cooperation with Oman and emphasized the importance of forming a practical partnership based on mutual benefit and investment in priority sectors.

According to Oman News Agency, the Chairman of the Oman Investment Authority highlighted the significance of advancing bilateral cooperation in investment and other areas of mutual interest. The Omani delegation also conducted a series of official meetings with multiple Mongolian government officials, including Damdinnyam Gongor, Minister of Industry and Mineral Resources, and Batkhuu Idesh, Secretary-General of the Ministry of Economy and Development.

Further meetings were held with the Advisor and Head of the Deputy Prime Minister’s Office, the Director General of the Investment and Trade Agency, and the Advisor to the Minister of Food, Agriculture, and Light Industry. Discussions focused on potential cooperation in the mining, energy, agriculture, and food industry sectors. Both sides explored ways to develop joint projects, enhance trade exchange, and create a conducive environment for long-term investments.

The two parties expressed a shared interest in intensifying technical dialogue to establish executive frameworks for bilateral cooperation. The official visit underscored the mutual desire of Oman and Mongolia to establish a strategic partnership with potential for diverse cooperation to benefit their economic and developmental goals.

The meetings were attended by Sheikh Abdulaziz Abdullah Al Hinai, Ambassador-at-Large at the Foreign Ministry, along with several officials from both sides.