Opportunities, challenges in e-commerce highlighted

Opportunities, challenges in e-commerce highlighted

Muscat: The Ministry of Commerce and Industry and Investment Promotion organised the Oman e-commerce forum in its first edition on at the Oman Convention and Exhibition Centre Monday.

The forum was oragnised in the presence of Qais bin Mohammed Al Yousef, Minister of Commerce and Industry and Investment Promotion, Eng. Said bin Hamoud Al Maawali, Minister of Transport, Communications and Information Technology, and a number of Their Excellencies and officials,.

A number of experts and specialists also took part in the event to look into the efforts of the Sultanate of Oman and the GCC countries in the field of e-commerce and to highlight the opportunities and challenges.

During his speech at the forum, Dr. Saleh bin Said Masan, Undersecretary for Commerce and Industry, Ministry of Commerce, Industry & Investment Promotion, said that e-commerce represents an essential part of the modern global economy, and plays a vital role in strengthening economic and cultural relations between nations and achieving sustainable development, by accelerating growth, expanding access to global markets, increasing cross-border trade and investment opportunities and stimulating innovation and product development.

Furthermore, e-commerce plays a role in cultural communication between peoples through the exchange of products, services, and ideas.

He added that based on Oman Vision