Muscat:The Prospects for Economic Integration Forum, titled 'Geopolitical changes and the future of economic collaboration between Sultanate of Oman and Republic of Korea,' recently convened to explore the potential for economic partnerships between the two nations amidst global geopolitical and economic shifts. This forum aimed to uncover opportunities to enhance bilateral partnerships across several key sectors.
According to Oman News Agency, the Royal Academy of Management (RAM) hosted the event, which saw participation from government representatives, research institutions, and experts from Oman and Korea. The forum was organized in collaboration with the Foreign Ministry, the Embassy of the Republic of Korea in Muscat, and the Korea Institute for International Economic Policy (KIEP) alongside the Royal Academy of Management. The initiative seeks to bolster economic relations and expand areas of collaboration to support economic diversification and mutual interests.
During the forum, several topics concerning the future of Omani-Korean collaboration were discussed. These topics included power security and supply chain, hydrogen and clean energy, advanced technology and artificial intelligence, as well as industrial collaboration, food security, and the future of cooperation in the agriculture and food sectors.