Oman, Mongolia explore cooperation opportunities in investment sectors

Ulaanbaatar: Abdulsalam Mohammed Al Murshidi, Chairman of the Oman Investment Authority (OIA), and his accompanying delegation met with Gombojavyn Zandanshatar, Prime Minister of Mongolia. The meeting took place in Mongolia’s capital, Ulaanbaatar.

During the meeting, the Mongolian Prime Minister expressed keenness to enhance cooperation with Oman. He emphasised his country's interest in building a practical partnership based on mutual benefit and facilitating investment in priority sectors.

For his part, the Chairman of the Oman Investment Authority underscored the importance of developing bilateral cooperation in investment and all other areas of mutual interest.

The Omani delegation also held a series of official meetings with several Mongolian government officials. These included Damdinnyam Gongor, Minister of Industry and Mineral Resources and Batkhuu Idesh, Secretary-General of the Ministry of Economy and Development.

The delegation also held meetings 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.

The meetings focused on exploring cooperation opportunities in the mining, energy, agriculture, and food industries sectors. They also discussed ways to develop joint projects, enhance trade exchange, and create an attractive environment for long-term investments.

Both sides expressed interest in intensifying technical dialogue in the coming phase as a prelude to establishing executive frameworks for bilateral cooperation.

The official visit reflected the mutual desire of Oman and Mongolia to build a diverse and sustainable strategic partnership. The relations between the two countries have great potential for cooperation that can be leveraged in various fields to serve their respective economic and developmental interests.

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