Forging ties with Oman

PRIME Minister Nawaz Sharif has invited entrepreneurs from Oman to invest in Pakistan, particularly in energy related projects, infrastructure development and consumer based industry as current investment policy of Pakistan has created an investor friendly environment guaranteeing equal treatment of foreign and domestic investments, protecting foreign investment with high rates of dividend. He was talking to a delegation led by Dr Yahya Mahfoodh Salim Al-Manthri, President of State Council of Oman on Thursday.
Pakistan and Oman have long been cooperating in the fields of economy, trade, manpower, defence and security. The two brotherly Muslim states are neighbours and have many things common that should serve as an incentive to forge this relationship. It is encouraging that Sultan Qaboos bin Said has great love and affection for Pakistan and its people and demonstrated his sincerity and commitment to the country on different occasions. We are investing much on Gwadar these days but politicised the offer of assistance made by Oman for its development over a decade back. Even then Sultan Qaboos offered $100m in 2001 for development of Gwadar and Balochistan and provided valuable assistance under coastal belt development programme. Given the vision and commitment, there is great scope for increasing bilateral trade and investment and undertake joint ventures besides strengthening people to people contacts.

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