Monday 03 / November / 2025
Istanbul: The Sultanate of Oman participated in the 41st Ministerial Session of the Standing Committee for Economic and Commercial Cooperation (COMCEC) of the Organisation of Islamic Cooperation (OIC), held in Istanbul, Republic of Türkiye.
The Omani delegation to the session was headed by Dr. Said Mohammed Al Saqri, Minister of Economy.
The session discussed a number of important economic topics, most notably improving and developing export strategies for member states. Delegations reviewed their experiences in developing non-oil exports and enhancing the competitiveness of national products in global markets.
During the exchange of views session, the Minister highlighted the Sultanate of Oman's efforts to enhance non-oil exports and develop the export system in line with the objectives of Oman Vision 2040. He pointed out that non-oil exports in the first quarter of 2025 achieved a value of OMR1.618 billion, representing a growth rate of 8.6 percent compared to the same period last year.
He addressed the main pillars of the National Export Strategy, foremost among them being the diversification of value-added products and the development of logistics infrastructure through the ports and free zones in Sohar, Salalah, and Duqm. He also mentioned the launch of the national promotional identity "Made in Oman," which includes sixty initiatives to enhance the global competitiveness of Omani exports.
The Minister of Economy also touched upon the importance of activating the current Trade Preferential System among OIC member states and considering its expansion after evaluating the current experience. He called upon member states that have not yet joined to accede to this system, which will enhance commercial flow within the Islamic framework.
The Minister affirmed the Sultanate of Oman's commitment to supporting efforts toward economic integration among member states and exchanging experiences in developing export strategies, thereby promoting sustainable economic growth and shared prosperity.
