Saudi Arabia-Oman relations witness steady growth; Envoy

By Shilpa Annie Joseph, Official Reporter
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Mr. Abdullah bin Saud al Anzi, Ambassador of the Kingdom of Saudi Arabia to the Sultanate of Oman, has stated that the bilateral relations between the countries have been witnessing steady growth, notably in the field of economic integration.

He further added that “the strong relationship is a positive outcome of the historic visit of His Majesty Sultan Haitham bin Tarik to the Kingdom and his meeting with the Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman.”

According to the ambassador, “The achievements of the Omani-Saudi summit are coming to fruition, according to the ambassador, thanks to efforts to upgrade bilateral relations into broader domains that fulfill the objectives of the two nations’ leaders.”

He stated that this will be followed by the development of an economic integration framework that maximizes the benefits of economic resources and the two sides’ potentials. Mr. Al Anzi noted that the two countries’ aspirations are compatible because they share common characteristics and incentives that facilitate integration.

Further, he complimented the Sultanate of Oman’s level of investment incentives for investors from the GCC and around the world. “These incentives have qualified the Sultanate of Oman to become one of the first investment-attracting destinations in the region,” said Mr. Al Anzi, quoting the Sultanate of Oman’s strategic location, industrial estates, and Duqm Special Economic Zone and Free Zone.

Mr. Al Anzi reaffirmed Saudi Arabia’s current strategy of maximizing the value of existing resources and realizing shared interests with the Sultanate of Oman in the context of the two countries’ visions (Oman Vision 2040 and Saudi Vision 2030), which share common goals, particularly in the areas of economic and development.

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