
Muscat--- The Ministry of Commerce, Industry and Investment Promotion will organize the Oman-Rwanda Business Forum in the Rwandan capital, Kigali, tomorrow (Tuesday), with the participation of 15 Omani companies operating in diverse economic sectors.
The forum aims to strengthen trade relations between the two countries, explore export and investment opportunities, and open new markets for Omani products and services in the East African region.
The Omani delegation participating in the forum is headed by Eng. Ghalib Said Al Maamari, Undersecretary of the Ministry of Commerce, Industry and Investment Promotion for Commerce and Industry, with the participation of Eng. Khamis Mohammed Al Shammakhi, Undersecretary of the Ministry of Transport, Communications and Information Technology for Transport, along with a number of officials and representatives of Omani companies. This comes within efforts to expand economic cooperation and strengthen trade partnerships between private sector institutions in the two countries.
The activities of the participating Omani companies cover food industries, agricultural products, manufacturing industries, plastic products, energy, technology, technical services, and electrical equipment. This reflects the diversity of the national production base and the opportunities available to Omani companies to expand into international markets.
The forum includes bilateral business meetings between Omani companies and their Rwandan counterparts to discuss export, distribution, and trade partnership opportunities, and to learn about the needs of the Rwandan market and its regulatory and logistical requirements. It also explores the possibility of leveraging Rwanda's position as a trade gateway to East African markets, including Kenya and Tanzania.
Eng. Ghalib affirmed that organizing the Oman-Rwanda Business Forum comes within the Sultanate of Oman's approaches to strengthen its economic and trade relations with African countries and to diversify trade partners and markets receiving national exports. He noted that expansion into foreign markets represents one of the important pathways for enhancing the contribution of non-oil sectors to the national economy.
He said that the Rwandan market offers opportunities that Omani companies can benefit from in a number of productive and service sectors. He affirmed that the Ministry is working to create appropriate conditions to enable national institutions to access these markets by enhancing direct communication with trade partners, introducing Omani products and their competitive capabilities, and exploring areas of cooperation that can be translated into sustainable trade and investment partnerships.
For his part, Muhanad Hamoud Al Riyamy, Senior Specialist in Foreign Trade Development at the Ministry of Commerce, Industry and Investment Promotion, explained that organizing the forum comes within efforts aimed at diversifying export destinations for Omani non-oil exports and benefiting from the trade opportunities offered by African markets. He noted that Rwanda represents one of the promising markets for national companies wishing to expand their business scope and reach new segments of consumers.
Meanwhile, Madayn Mubarak Al Balushi, Head of the Export Development Department at the Ministry of Commerce, Industry and Investment Promotion, said that "Oman Exports" continues to implement a range of initiatives and programmes aimed at supporting Omani companies in accessing foreign markets. These include organizing bilateral business meetings and promotional missions, participating in international exhibitions and forums, and providing trade information and raising awareness of export opportunities available to national products and services.
He explained that organizing the Oman-Rwanda Business Forum is an extension of "Oman Exports" efforts to explore promising markets and enhance direct communication between Omani companies and international importers. He noted that such meetings enable exporters to learn about the nature of demand in target markets, importers' requirements, and distribution channels, helping them develop their export plans and raise their readiness to compete.
The Ministry of Commerce, Industry and Investment Promotion continues its efforts to enhance the presence of Omani products and services in regional and international markets by developing the business environment, supporting the competitiveness of productive sectors, expanding trade partnerships, and benefiting from economic agreements and the Sultanate of Oman's advanced logistical infrastructure. This supports the growth of non-oil exports and enhances the role of the private sector in achieving economic diversification, in line with the objectives of Oman Vision 2040.