Trade exchange between Oman, Türkiye amounted to nearly $2bln in 2022

Trade exchange between Oman, Türkiye amounted to nearly $2bln in 2022

Muscat: Trade exchange between the Sultanate of Oman and Türkiye is witnessing continuous growth, and increased to reach nearly two billion US dollars in 2022, Oman News Agency (ONA), said.

A statement issued online by ONA said that the volume of trade exchange between the Sultanate of Oman and Türkiye has been growing continuously since 2017, to reach nearly two billion US dollars in 2022. Total Omani imports from Türkiye amounted to $1.58 billion, and total Omani exports to Türkiye amounted to US $465mn.

His Excellency Muhammet Hekimoğlu, Ambassador of the Republic of Türkiye accredited to the Sultanate of Oman, stressed that cooperation between the two friendly countries during the past ten years has increased significantly on the basis of common interests in various fields, expressing the Turkish Embassy's endeavor to support and strengthen these relations in a way that achieves the interests and aspirations of the two friendly countries and peoples.

In an interview with ONA, His Excellency indicated that work is underway to establish a Turkish Industrial Zone in the Special Economic Zone at Duqm. The zone aims to provide production, employment, income and export for the economies of both countries, and will have a significant impact on the development of