Belarus and Oman plan to establish a joint investment fund that will focus on developing investment projects across various sectors, Abdulsalam bin Mohammed Al Murshidi, the President of the Omani Investment Authority (OIA), told journalists, BelTA reports
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Abdulsalam bin Mohammed Al Murshidi identified the establishment of a joint Belarusian-Omani investment fund as one of the priorities in co-operation with Belarus. This fund will enable investments in projects within Belarus. The Omani side has already assembled a team that will soon arrive in Minsk to begin daily operations at the office.
“The fund will focus on developing investment projects in the fields of industry, pharmaceuticals, agriculture and food, as well as in other sectors,” he noted.
As reported by BelTA, on December 5th, within the ongoing working programme in Oman, President of Belarus Aleksandr Lukashenko met with the President of the Omani Investment Authority. The parties reviewed the entire range of Belarusian-Omani joint projects.
Key topics discussed at the meeting included the establishment of a joint Belarusian-Omani investment fund in Minsk to finance projects within Belarus; the construction of a pulp and cardboard mill in Belarus; the organisation of a logistics hub in Oman to facilitate the supply of Belarusian goods to neighbouring countries and regions, as well as the development of the North-South route; investments in agricultural projects in Belarus aimed at exporting food products to Oman and the surrounding region; as well as the exploration of supplying Omani seafood to Belarus.