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Participants at the event

Omani team showcases manufacturing sector in Singapore

MUSCAT, July 20, 2016

A top level Omani business delegation led by Ithraa, the sultanate’s inward investment and export promotion agency, has kicked-off trade and investment meetings in Singapore.

Estimated at $103 million, non-oil Omani exports to Singapore jumped 10.5 per cent in 2015, said a statement from Ithraa.

Top exports from the sultanate included methanol, fish, marble and fragrances, it added.

Under the patronage of Sheikh Zakariya Al Saadi, Oman’s consular general to Singapore, Ithraa will hold business-to-business (B2B) meetings on Wednesday at the Marina Mandarin Hotel to showcase Oman’s manufacturing, pharmaceutical, food processing, marble and stone, chemicals, plastics, and agriculture and fisheries sectors, it said.

Nasima Yahya Al Balushi, director general for export development, Ithraa, said: “We have identified over 50 Oman-made products that have the potential to succeed in Singapore.”

“In this regard, we’ve brought 33 leading Omani exporters with us on this important trade delegation. Exporters that are globally ambitious and eager to make a commercial impact in Singapore and surrounding markets,” she said.

“We are here to discuss ways in which we can capitalise on the GCC and Singapore free trade agreement and get more Omani exports into Singapore. Our objective is straightforward, we would like see more Oman-made products not just on the shelves in Singapore but also in the Association of South East Asian Nations (Asean) markets,” she added. - TradeArabia News Service
 




Tags: | Singapore | Ithraa | manufacturing sector | Omani |

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