Muscat: The Sultanate of Oman and the Federative Republic of Brazil celebrated the 50th anniversary of establishing diplomatic relations by organizing the Omani-Brazilian Investment Forum in Muscat.
Under the patronage of Salim Mohammed Al Mahrouqi, Minister of Heritage and Tourism, the opening ceremony was attended by representatives from private sector companies in both countries.
The two-day forum focused on various sectors including investment, clean energy, re-export, heavy industries, food security, and information technology. It also aimed to facilitate the exchange of expertise in research, innovation, agriculture, space, and mining.
During his speech, Brazilian Minister of Tourism Celso Sabino Oliveira emphasized the importance of strengthening partnerships in investment and economic sectors. He highlighted the significance of showcasing successful commercial experiences and enhancing cooperation between the two sides.
Pankaj Khimji, Adviser for Foreign Trade and International Cooperation at the Ministry of Commerce, Industry, and Investment Promotion, stated that the forum signifies the strong diplomatic relations between Oman and Brazil. He also mentioned that the event provided an opportunity to showcase Oman's business and investment environment.
A multi-sectoral expo called "Made in Brazil" showcased the products and services of Brazilian companies and factories. It served as a platform to explore the potential of the Omani market and discuss the utilization of Omani free zones for re-exporting goods to countries in Asia, East, and North Africa.
Furthermore, Omani entrepreneurs engaged in B2B meetings with their Brazilian counterparts during the forum.
