Oman-Brazil Investment Forum Set to Strengthen Economic Ties

Oman, 12 March, 2024 :  The Oman Chamber of Commerce and Industry (OCCI) plans an investment forum in Muscat, focusing on Oman-Brazil relations, slated for May 7 to 9. Following the Omani-Brazilian Business Forum in Sao Paulo, organized by OCCI and the Arab-Brazilian Chamber of Commerce, the forum aims to boost trade and establish a common platform for Omani and Brazilian companies.

Rashid Amer al Maslahi, First Deputy-Chairman of OCCI, stressed the strategic importance of the Sao Paulo forum in expanding economic diversification. The event aims to showcase Oman's investment opportunities, positioning it as attractive to South American countries, particularly Brazil.

Maslahi noted Oman's potential as a hub for re-exporting Brazilian products to emerging markets and invited Brazilian companies to participate in the Oman-Brazil Investment Forum and exhibition. OCCI aims to facilitate new business partnerships benefiting both Omani and Brazilian markets.

Dr. Abdullah bin Masoud al Harthi, an OCCI member, emphasized the chamber's objective of exploring cooperation between the two countries, facilitating events that bring together commercial, industrial, and investment companies. Brazilian companies are eager to enter the Omani market, with opportunities in sectors like energy, mining, food security, health, and infrastructure. The Sao Paulo forum facilitated bilateral meetings to identify investment opportunities and facilities for Brazilian companies.

Source : www.muscatdaily.com