Oman And Estonia Forum Boosts Trade And Investment Relations

Post by : Mumtaaz Qadiri

The Oman-Estonia Business Forum took place in Muscat and was organized by the Oman Chamber of Commerce and Industry. The main goal of this forum was to bring Oman and Estonia closer in economic and investment cooperation. Business leaders, ministers, and investors from both countries joined the event to discuss new ways of working together.

Focus On Private Sector Cooperation

The forum gave special attention to the private sectors of both countries. Business owners and companies explored areas where they can partner and create successful projects. Both sides agreed that building cooperation between private companies is very important to strengthen economic ties and to achieve long-term growth.

Key Sectors Discussed

During the forum, several sectors were highlighted as potential areas of cooperation. These included information and communication technology, industry, cybersecurity, educational technology, agricultural technology, renewable and green energy, real estate, logistics, transportation, smart manufacturing, and sustainability. These fields are important for both countries as they look forward to creating stronger economies.

Omani Minister Highlights Opportunities

Qais Mohammed Al Yousuf, Oman’s Minister of Commerce, Industry, and Investment Promotion, said the forum reflects the deep interest of both countries in boosting economic relations. He emphasized that Oman is looking for opportunities to diversify its imports and increase the export of Omani products. He also added that both countries are exploring sectors of common interest to strengthen trade and investment partnerships.

OCCI Chairman Explains Oman’s Strengths

Faisal Abdullah Al Rowas, Chairman of the Oman Chamber of Commerce and Industry, stated that the forum is a valuable opportunity to build new cooperation. He explained that Estonia is a world leader in digital transformation, e-governance, and innovation, while Oman offers a strong investment environment. Oman’s location connects global markets, it has modern infrastructure, and a future vision called Oman Vision 2040. He expressed hope that this forum will result in real partnerships across different sectors.

Estonia’s Foreign Minister Expresses Commitment

Margus Tsahkna, Estonia’s Minister of Foreign Affairs, said the forum shows the strong commitment of both countries to economic cooperation. He pointed out that Oman has a promising investment environment and a strategic location that links regional and international markets. He added that Estonia’s expertise in digital innovation and Oman’s opportunities in renewable energy, logistics, and education make them perfect partners.

Estonia’s Ambassador On Rapid Growth

Ingrid Amer, Estonia’s Ambassador to Oman, explained that relations between the two countries are developing quickly, especially in the economic and commercial fields. She highlighted Oman’s importance as a strong partner because of its location and growing investment opportunities. She added that Estonia is known for digital innovation, entrepreneurship, and modern technology, which makes it an excellent partner for Oman. According to her, the next phase of cooperation will bring even greater opportunities for business and technology partnerships.

Showcasing Omani Investment Opportunities

The forum also included a visual presentation that highlighted the many investment opportunities available in Oman. The presentation covered sectors such as industry, tourism, logistics, and commerce. It also introduced investors to special economic zones and free zones in Oman, which offer attractive incentives and benefits to those willing to invest.

Bilateral Meetings To Build Partnerships

On the sidelines of the forum, private meetings were held between business owners and representatives of the private sector from both Oman and Estonia. These meetings provided a chance for direct discussions on how to strengthen cooperation and finalize investment deals. Both sides agreed that such one-on-one talks help to turn ideas into real projects and partnerships.

Strengthening Mutual Trust

One of the main goals of this forum was to build trust and mutual understanding between Oman and Estonia. Both countries want to ensure that their partnerships bring long-term benefits. By working together in technology, renewable energy, logistics, and education, Oman and Estonia aim to create projects that support sustainable growth.

Importance Of Digital Cooperation

A special focus was given to digital cooperation during the forum. Estonia is well known worldwide for its digital government systems and innovations in technology. Oman sees this as a chance to benefit from Estonia’s expertise to strengthen its own digital transformation efforts under Oman Vision 2040. Both sides agreed that digital projects can create new jobs, support small businesses, and increase efficiency in different sectors.

The Oman-Estonia Business Forum is not just about today’s discussions. It is about building a roadmap for the future. Both countries want to ensure that the ideas shared during the event are turned into practical partnerships. The forum is expected to open doors for greater trade, more investments, and stronger economic bonds between Oman and Estonia.

Oman Estonia trade, Investment cooperation forum, Digital technology innovation