Oman, US committed to enhance trade, economic relations

Oman, US committed to enhance trade, economic relations

Muscat – Jose W Fernandez, US Undersecretary of State for Economic Growth, Energy, and the Environment, has described the free trade agreement (FTA) between Oman and the US as the focal point for supporting trade and economic relations and augmenting the volume of trade exchange between the two countries to a level that meets common aspirations.

Speaking on the sidelines of the first Oman-US Strategic Dialogue in Muscat on Thursday, Fernandez said, “The volume of trade exchange between Oman and the United States has witnessed remarkable growth over the past years, which is a good indicator in the midst of the many changes the world has witnessed that affected several aspects of life.”

He informed that through the strategic dialogue, the US hopes to deepen cooperation with Oman, especially in the fields of clean energy and green hydrogen.

“I commend the efforts of Oman in the field of green hydrogen. The United States, through private sector institutions, would like to be a strategic partner of Oman in the field of hydrogen, in a manner that serves the interests of the two friendly countries and peoples. The energy sector has become the talk of the hour in the whole world, and the shift towards