Oman Fulfills 100 Percent of Trade Facilitation Agreement’s Requirements

  • Date: 19-Aug-2020
  • Source: Al Bawaba
  • Sector:Economy
  • Country:Oman
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Oman Fulfills 100 Percent of Trade Facilitation Agreement’s Requirements

 

Oman is one of the few countries in the region that has fully met its obligations related to the agreement, which has been met by 164 countries.

MOCI said Trade Facilitation Agreement for the World Trade Organization is one of the most important international agreements aimed at facilitating trade between countries of the world and the free movement of goods at border crossings.

 

This reflects the readiness of regulations, legislation, and the business environment in the Sultanate.

 

The Director-General of Organizations and Commercial Relations at the Ministry of Commerce and Industry, Mahmoud bin Amer al-Hatali, announced the formation of a national task force concerned with the Facilitation Agreement. He indicated that it includes a number of government agencies to promote investment and develop exports.

 

He added that the team carried out tasks such as