ONA__The Sultanate of Oman and the Arab Republic of Egypt continue promoting their distinguished relations in various political, economic and cultural areas. They also back all matters that serve the joint interests of their peoples.
The official visit of His Majesty Sultan Haitham bin Tarik to Egypt this Sunday carries a great significance, as His Majesty’s talks during the visit with President Abdul Fattah el Sisi will have a positive impact on the bilateral relations between the two countries.
It is worth mentioning that Oman and Egypt signed a number of MoUs and executive programmes during the visit of the Egyptian President to Oman in June 2022.
Statistics issued by the National Center for Statistics and Information indicate that the volume of trade exchange between Oman and Egypt increased in 2022, amounting to approximately RO 393.628 million, compared to RO 217.742 million in 2021.
The value of Omani exports to Egypt increased from RO 157.515 million in 2021 to RO 298.077 million in 2022, while the value of Omani imports from Egypt amounted to RO 95.551 million in 2022, compared to RO 60.227 million in 2021.
Statistics show that the balance of trade between the two countries in 2022 was in favour of Oman, amounting to RO 202.526 million.
Abdullah Nasssir Al Rahbi, Ambassador of Oman to Egypt and its Permanent Representative to the Arab League said that the official of His Majesty the Sultan to Egypt comes after less than one year from the Egyptian President’s visit to Oman, which reflects the attention that Oman’s government attaches to Egypt.
On his turn, Khalid Mohammed Radi, Ambassador of Egypt to Oman said that the upcoming historic first visit of His Majesty Sultan Haitham bin Tarik to Egypt and his meeting with President Abdul Fattah el Sisi will advance the deep-rooted relations between the two countries towards broader horizons.
The Egyptian Ambassador added that His Majesty the Sultan and the Egyptian President will discuss means of promoting relations on the political, economic, commercial, cultural and social levels. The meeting will also cater to Omani-Egyptian coordination on various regional and international issues. He added that the region needs more coordination and cooperation to insure peace, security and stability.
He pointed out that the previous visit of the Egyptian President to Oman marked a turning point for the two countries’ relations. The visit included the signing of several agreements covering various areas, such maritime navigation, investment, trade, industry, combating monopoly, providing the means for free competition, industrial development, investment promotion, the environment, vocational and technical training and higher education.