Stronger Oman trade, invest ties
The discussions took place Sunday, 26 July, during the Third Oman–Philippines Forum: Strategic Majlis, which brought together the foreign ministers of both countries, diplomats and private-sector representatives.
The discussions took place Sunday, 26 July, during the Third Oman–Philippines Forum: Strategic Majlis, which brought together the foreign ministers of both countries, diplomats and private-sector representatives.
Oman and the Philippines are seeking to expand trade, investment and labor cooperation as senior government officials and business leaders from both countries met to discuss new economic opportunities.
The discussions took place Sunday, 26 July, during the Third Oman–Philippines Forum: Strategic Majlis, which brought together the foreign ministers of both countries, diplomats and private-sector representatives to discuss cooperation in trade, maritime connectivity, logistics, tourism, energy, technology and human capital development.
Expanding economic ties
Omani Foreign Minister Sayyid Badr Hamad Al Busaidi said both countries’ complementary economies create opportunities to strengthen cooperation in trade, investment, logistics, tourism, energy and technology.
“We welcome the role of businesses, investors, entrepreneurs, and innovators from both countries turning these opportunities into lasting ventures. By creating stronger connections between our private sectors, we can expand economic cooperation and lead open new horizons for mutual benefit.”
He also cited the Filipino community in Oman as an important contributor to bilateral relations.
“The partnership between Oman and the Philippines has great potential, and through our collective efforts, we can ensure that it continues to deliver meaningful benefits for our peoples.”
Building on relations
Oman Ambassador Nasser bin Said bin Abdullah Al Manwari said recent agreements in health, agriculture, fisheries and trade, along with a visa exemption agreement for holders of diplomatic, official and special passports, have strengthened bilateral cooperation.
He also pointed to the opening of the Oman Visa and Medical Examination Center in Manila, saying the facility is expected to streamline work visa processing for Filipinos and support legal labor mobility.
Bilateral trade between Oman and the Philippines reached about $250 million last year, reflecting growing commercial ties, he said.
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