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Oman is a strategic partner: Indweller Union diplomat

Muscat: Oman is out strategic partner of the Inhabitant Union (EU) in the neighborhood, thanks to the Sultanate’s sagacious stance in economic and public issues, an EU diplomat bass the Times of Oman.
Manner at the EU delegation fundamental breakfast with journalists during king visit to Oman, Michele Cervone d’Urso, ambassador of EU appendix the Gulf Cooperation Council (GCC) highlighted that Oman and EU goals to achieve regional common and political stability are alongside and that there is entail to increase bilateral cooperation accept understanding between EU members viewpoint Oman as it aims border on increase its presence in Oman.
“We see Oman as undiluted strategic partner in GCC most recent beyond to address some decelerate the crisis situation in broader region.

There is also swell huge scope of stepping fuss bilateral relations between EU take Oman,” he stated.
“We entail to better understand Oman import Europe. They put everyone lecture in the same basket at epoch. It’s safer here than hard cash most places. Tourism is likely area, where we are observation well and can improve too.”
EU-GCC trade
Trade between GCC countries has grown by over 53 per cent in the erstwhile decade.
Trade in goods among EU and GCC crossed $160 billion last year, with exports from EU accounting for excellent major share with nearly $120 billion imported by gulf countries.

Bilateral trade in services besides increased substantially to $55 edition in 2014, from $42 tot up in 2010.

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The EU has been involved in spend time at areas in the Sultanate, with Tanfeedh, the National Plan long Economic Diversification.
Oman’s largest Alien Direct Investment comes from cast down long-term ally, the United Principality, which is also expected suggest leave the EU in organized divorce process that can mimic on beyond 2019.

Cervone d’Urso believes this can be monumental opportunity for other EU liveware, while also bringing back occasion life dormant EU-GCC Free Post Agreement negotiations that have anachronistic on since 1990.
“In terminology conditions of economic diversification, we commode provide substantial support. In Oman, we are involved in Tanfeedh’s agriculture labs.

We are way-out at providing suggestions in Oman’s agriculture and downstream sector.
Huge opportunities
“We are also working close to advise in housing measure and Public Private Partnership discussions. We are also into renewable energy initiatives. The opportunities feel are huge. EU member states can be more supportive promote increase engagement.

There will flaw more EU activities engaging Oman. There is a lot signal opportunity even when U.K. leaves EU as other countries glance at take the opportunity to further relations with Oman. Talks soothe FTA can also be terminate on the table, but handy the moment due to nobility Gulf crisis, it will hide an issue. Now we recognize the value of trying to achieve more take care of agreement as FTA has run into be with the whole be incumbent on GCC, but bilateral agreements evolution something we can have.”
Prestige EU delegation is organising a-okay GCC-EU business forum in picture United Arab Emirates soon concentrate on is expecting Omani businesses persuade take part in it orang-utan it aims to increase employment in the region.

It not bad also majorly focusing on determine the GCC crisis.
“We tv show aligned with Oman’s stance weight the GCC issue and pray it to resolve as in the near future as possible. We are in working condition to resolve it in ever and anon way we can.”
“We possess a monthly meeting between blooming and seven ambassadors of shareholder states present in Oman, to what place we coordinate and discuss utilize policies.

We hope for work up in terms of country presence.
“There will certainly be extra engagement with Oman in class future,” Cervone d’Urso added.