Muscat – His Majesty Sultan Haitham bin Tarik and Sheikh Mohamed bin Zayed al Nahyan, President of the United Arab Emirates (UAE), have affirmed their determination to motivate the government and private sectors to spearhead joint efforts to develop and diversify commercial exchange and investments. This is with the objective of establishing partnerships between the respective sectors and integrating efforts.

This was stated in a joint communique between Oman and the UAE, reading as follows:

‘The leaders of the two countries held in-depth discussions in the spirit of brotherhood and harmony. During the discussions, the two leaders reiterated their keen interest in strengthening cooperation in various spheres of common interest. They commended the existing coordination and cooperation in political, security, economic and cultural fields benefiting the two neighbours.

‘The two leaders underscored the role played by the Supreme Joint Committee and welcomed the effective communication between officials in the two countries to discuss common issues and joint action to enhance bilateral relations in economic, commercial, investment, cultural, diplomatic, consular and educational fields. Additionally, efforts are being exerted to enhance cooperation in the areas of environment, food security, advanced technologies and innovation, energy projects, renewable energy, industry, health and pharmaceuticals.

‘Bilateral cooperation also covers real estate development, tourism, petrochemicals, converting industries, supply chain, transportation, logistical partnership, information technology, financial technology, and any other sector that would enhance common benefits and interests and bring prosperity to the peoples of the two countries.

‘The two sides also welcomed the signing of several memoranda of understanding on various aspects of bilateral cooperation.

‘His Majesty the Sultan and the President of the UAE have affirmed their determination to stimulate the government and private sectors to work towards the elevation of joint efforts to develop and diversify commercial and investment exchanges, and to establish partnerships in various sectors and between business owners, with a view to realising integration between the two brotherly countries.

‘The two sides also exchanged views on several matters, including developments in the regional and international arenas. They resolved to coordinate in a manner that serves their interests and consolidates the pillars of security and stability in the region and the world at large.

‘His Majesty congratulated Sheikh Mohamed bin Zayed on the occasion of the UAE being announced host of the 28th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change – COP-28 – which will be held in 2023.

‘At the conclusion of the visit, Sheikh Mohamed bin Zayed expressed his thanks and appreciation to His Majesty as well as the Omani government and people for the warm welcome and sincere hospitality accorded to him, and his accompanying delegation. He wished Oman further progress and prosperity.

‘His Majesty the Sultan expressed his sentiments to the UAE people, wishing them further progress and prosperity.’