Egypt, Oman FMs sign six MoUs to conclude 15th session of Egyptian-Omani Joint Committee

Ahram Online , Sunday 23 Jan 2022

Egypt’s Minister of Foreign Affairs Sameh Shoukry and his Omani counterpart Sayyid Badr Albusaidi signed on Sunday six memoranda of understanding (MoUs) to boost bilateral cooperation and conclude the 15th session of the Egyptian-Omani Joint Committee in Muscat.

Egypt Foreign Minister Sameh Shoukry and his Omani counterpart Minister Sayyid Badr Albusaidi sign cooperation agreements in Muscat, 23 January 2022. Egyptian foreign ministry

According to a joint statement issued by both foreign ministries, these MoUs and executive programmes aim to boost bilateral cooperation in political, economic, industrial, judicial, and development projects.

The two delegations signed an MoU between the Egyptian and Omani foreign ministries concerning political consultations, an MoU in the field of housing and urban development, as well as an MoU in the field of media.

They also signed an executive programme for a cooperation agreement in the legal and judicial field, a programme in the field of tourism, in addition to another programme agreement between the Egyptian and Omani Ministries of Education.

On the side-lines of the committee’s meeting, Shoukry and Albusaidi held talks to discuss the most prominent regional and international issues, expressing their satisfaction with the level of coordination and consultation between the two countries in achieving their common interests, according to the Egyptian foreign ministry.

The two ministers also asserted their commitment to continue their work to boost Arab cooperation.

Shoukry also met with a number with Omani officials during his two-day visit to the Omani capital that started on Saturday.

On Sunday, the Egyptian top diplomat handed over to Oman’s Deputy Prime Minister for the Council of Ministers Fahid bin Mahmoud Al-Said a written message from President Abdel-Fattah El-Sisi to Sultan Haitham bin Tariq.

Shoukry also held talks with Al-Said in which they discussed ways to boost the activities of the Joint Egyptian-Omani Committee as well as ways to encourage investments in both countries and establishing more joint projects.

Furthermore, on Saturday, the minister held a meeting with the Egypt-Oman Joint Business Council in which he urged the Omani private sector and businessmen to consolidate their presence in the Egyptian market and also maximise Omani direct investments.

The council was established in 2019 to enhance economic cooperation between the two countries.

In December, Egyptian Minister of Trade and Industry Nevine Gamea met with her Omani counterpart and affirmed that intensive meetings would be held in the near future between the two sides’ officials and businessmen to enhance trade relations.

It is worth noting that trade exchange between the two countries hit $500 million, according to Gamea’s statements in a meeting with the council in September.

She also said that Omani investments in Egypt amounted to $77.5 million and spanned 92 companies operating in the fields of industry, tourism, construction, and agriculture.

Egyptian investments in Oman, however, stood at $680 million, injected into 142 companies specialised in the fields of infrastructure, road projects, and real estate investment.

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