Muscat: Oman-Nepal Business Forum, organized by Oman Chamber of Commerce and Industry (OCCI) today in Muscat, discussed partnership and investment opportunities between the Sultanate of Oman and the Federal Democratic Republic of Nepal in the sectors of trade, investment, food security, water, beverages, handicrafts, and traditional industries.
According to Oman News Agency, the forum aimed to enhance communication between the business communities in the two countries, explore available commercial and investment opportunities, and discuss the possibilities of establishing partnerships and joint projects in a number of targeted economic sectors.
Salim Said Al Alawi, Director General of the Board of Directors and International Cooperation Sector at Oman Chamber of Commerce and Industry, stated that the organization of the forum stems from the Chamber's belief that the private sector represents a key partner in building economic relations and enhancing mutual interests between countries. He added that direct communication between business owners represents the first step toward identifying opportunities, exchanging experiences, and building sustainable partnerships capable of achieving added value for the national economy.
He explained that the selection of the themes for this forum reflects the diversity of promising opportunities that can bring together Omani business owners and their Nepalese counterparts, opening broad horizons for cooperation and partnership. This provides opportunities for exchanging expertise, transferring modern technologies, and enhancing investment in the fields of water management, food production and processing, logistics services, trade exchange, and establishing investment partnerships, thereby contributing to supporting economic development and sustainability.
On his part, Bishesh Kumar Sah, Charg© d'Affaires at the Embassy of the Federal Democratic Republic of Nepal in the Sultanate of Oman, emphasized the importance of the forum in enhancing economic and commercial relations between the two countries. He highlighted the direct communication it provides between business owners to identify areas of cooperation and investment, and to build sustainable partnerships that serve mutual interests.
He praised the potentials and opportunities enjoyed by the Sultanate of Oman and the Republic of Nepal, which can be built upon to expand cooperation between the private sectors in both countries. He pointed out the importance of continuing to organize economic meetings and events that contribute to opening new channels for trade and investment exchange, enhancing the presence of products and services in the markets of both countries, and encouraging the establishment of joint projects.
The forum witnessed the presentation of several working papers and visual presentations from both sides, which addressed exploring the Omani market from the perspective of the private sector and the opportunities for enhancing commercial and investment cooperation with the Sultanate of Oman.
On the sidelines of the forum, B2B meetings were held between businesspeople from Oman and Nepal. During these meetings, they discussed trade and investment cooperation opportunities, identified areas of joint action, and explored the possibility of establishing partnerships and joint projects. This enhances direct communication between the private sector in the two countries and supports the development of Omani-Nepalese economic and commercial relations.